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Worden Discussion Forum » General Discussions » TC2000 version 7 » MEDIA GENERAL INDUSTRY GROUPS

MEDIA GENERAL INDUSTRY GROUPS Rate this Topic:
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maxirich
Posted : Friday, June 17, 2005 9:18:08 AM
Registered User
Joined: 1/11/2005
Posts: 10
 How do you arrive at the prices and volume for the Media General Industry Groups and do your properitary indicators have the same validity as with stocks.
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Doug_H
Posted : Friday, June 17, 2005 9:21:42 AM


Worden Trainer

Joined: 10/1/2004
Posts: 4,308
 The composite charts for the Media General Industry Groups are calculated by weighting the averages by the square root of the capitalization of each of the stocks in the group.

The proprietary indicators can be quite effective on the industry groups.
- Doug
Teaching Online!
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Craig_S
Posted : Friday, June 17, 2005 9:39:07 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 I edited a great video last night by Peter Worden where he uses TSV and MS on an MG:

Rough Seas Ahead: The Shipping Sector

I think you will like it!
- Craig
Here to Help!
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