What is going on in London?
I am hopeing some people might shed some insite to this, but I am showing a lot of indications that the market is linked to London. The problem is I have no understanding of Europan Markets and do not know how to interprit this data.
A refresher to what I am doing here so you might understand. I am using the Z200 as an index. I need to know when the index falls just as much as when it rises, so I am not trrying to gain some super high score here on The Fool. Originally this was a method I used to rate stocks many years ago. It was a cumbersom project and would take many hours. Eventually I stripped out what was overcumbersom, automated it, and eventually added a few basic artificial intelence routines. So basically I give it a list of stocks I own, and a list of stocks I might be interested in. It then goes out on its own and picks stocks it might find interesting without any aid from me. It takes the list of stocks it has een tracking, adds the other lists, does the report, and kicks out of the list what does not meet the bar. So the program decides all these things, not I. I get two reports out of the program. The first reportis kind of a moving averageof the past years worth of reports, which I post here as the Z200. The second report is the weekly report without any anual history.
So for the past few months the weekly report is being taken over by stocks from the London Stock exchange. But the odd thing is the anual report which is still primarily American stocks, has been mimicing the movements of the London Stock Exchange for the past year. Granted on The Fool it only shows the past few months, bu from memory I look at the anual chart of the LSE and it looks exactly like the chart for The Fool over the past year.
Can someone shed some light on this?