Sector Analysis
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   johnmitch
Member
Username: johnmitch Post Number: 3 Registered: 10-2002Rating: N/A Votes: 0
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| | Monday, January 27, 2003 - 10:22 am: | 
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Colin, In your Trading Diary, you mention that (Information Technology [XIJ] - stage 4 (RS is falling)). When I look at this Sector with the RSI plotted, I have found that the RSI has risen since the 17th. Dec. 2002, also the Twiggs Money Supply as well, although it has dropped back a little over the last week. Am I reading this correctly?
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   colin_twiggs
Member
Username: colin_twiggs Post Number: 236 Registered: 09-2002Rating: N/A Votes: 0
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| | Tuesday, January 28, 2003 - 06:29 pm: | 
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John Are you clear about the distinction between Relative Strength (Price Ratio: xao) and the RSI (Relative Strength Index)? I use the Price Ratio (XAO) to check the strength of the sector comparative to the market as a whole. Look for trend changes (higher/lower troughs and peaks) on the indicator line. Colin
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   dash
Member
Username: dash Post Number: 7 Registered: 10-2002Rating: N/A Votes: 0
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| | Sunday, February 16, 2003 - 06:31 pm: | 
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I was surprised to read the Trading Diary 14/02/03 and see you have indicated that Property Trusts were in a stage 2 & RS was rising. My assessment is that property Trusts are in a huge bear market and are in a stage 4 if I have ever seen one. Dash (Message edited by dash on February 16, 2003)
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   dash
Member
Username: dash Post Number: 8 Registered: 10-2002Rating: N/A Votes: 0
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| | Sunday, February 16, 2003 - 06:36 pm: | 
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Trading diary 14/02/03. You say Property Trusts are in a stage 2 & RS is rising. By my analysis prop trusts are in a stage 4. I believe they are very bearish. What are your thoughts Dash
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   colin_twiggs
Member
Username: colin_twiggs Post Number: 292 Registered: 09-2002Rating:  Votes: 2
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| | Monday, February 17, 2003 - 08:04 am: | 
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Dash XPJ has broken it long-term trendline at [B] but still has to break the support level from the previous trough at [A]. Relative Strength (price ratio: xjo) is still rising. This may be the start of a stage 3 top rather than a stage 4 decline. The next few weeks should tell. Colin (Message edited by colin_twiggs on February 17, 2003)
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   colin_twiggs
Member
Username: colin_twiggs Post Number: 293 Registered: 09-2002Rating: N/A Votes: 0
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| | Monday, February 17, 2003 - 08:08 am: | 
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