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Relative Strength vs. the S&P 500 Index

As of the close last Wednesday, 12/24/2008

charts are courtesy of Metastock

Description: This Relative Strength vs. the S&P 500 Index indicator compares the strength of the Phisix with the strength of the S&P 500 Index. It is calculated by dividing the Phisix's value with the S&P's value. The result of this division is a ratio, or relationship between the two indices. When the indicator is moving up, it shows that the Phisix is performing better than the S&P. When the indicator is moving sideways, it shows that both indices are performing the same (i.e., rising and falling by the same percentages). When the indicator moves down, it shows that the Phisix is performing worse than the S&P (i.e., not rising as fast or falling faster). 

 

 

 

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