Use sector rotation. Observe the relative positions of the sectors in the context of time. Use three periods (see the standards set by IBD). They use 197 sectors. Track the rise of sectors vs the fall of sectors. The best processing combo is the Blocks Player drag and drop which lets you use EOD or longer Hemscott FA data on their 238 sectors as arranged in major and minor sectors. The specific flow upward of sectors has a critical place where the price and P/E ratios of and in the sector is about to change. (rising). Here you see the leader and lagger equities within sector. The price delta begins to move just after this stage. the usualy technique is the watch leaders in the sector and position trade the laggers. The price action gives you an IT hold (use channel annotations) to see the phase change. Phase change is better defined by WJO in HTMMIS. The TA characteristic is low volatility coupled with low volume. C and H is possible over half the time. Use 13 week duration for the C and H. Once a new phase begins it looks like a "popularity contest. Well, it is. The hold is for 4 to 6 weeks to creme the profits at a rate of 4% to 6% a week as the this transition ensues. There will be either a plateau or a pull back on lower vol and then lower volatility. It is shrt and the new channel traverse width is determined. You can cycle in and out peiodically. The feature of this low velocity trading is that you can scale in and out with T&S size blocks over several days. Do not trade more than 10% of cumm vol on these moves. For short term trading the limit of 100,000 shares per position does not apply. You can go as far as you want but do consider the institutional and management part of the float which is locked up. The more the better to assure a higher beta of the laggers of the sector. Sorry this is brief. We are planning to cover this after expert levels of of PVT and SCT are in the bag by the end of 2007. Sweeping profits from SCT to PVT ultimately causes a need for sector rotation when sweeps of PVT are required due the the 100,000 share PVT limit. The same basic template of pool extraction applies to all three methods. See journals by going from PVT to SCT. We are doing a conversion from IBD to Worden or a Worden supported alternative (As part of a new platform as yet not completed) over the year.