RE: Stan Weinstein's Stage Analysis
(2014-02-11, 02:43 AM)zehjmz Wrote:(2014-02-11, 01:12 AM)isatrader Wrote:(2014-02-11, 12:35 AM)zehjmz Wrote: In Stan W 1988 book in Chapter 8, Stan discusses the Price/Dividend Ratio of the DJIA. Is there an easy way to plot this ratio in stockcharts.com or another online program? Thx
It's not an area from the book that I've done any research on myself and don't think it's available on stockcharts. However, I've just searched online for it and the most recent version I can find is here: http://www.comstockfunds.com/files/NLPP00000%5C028p.pdf which is from 1900 to May 2013.
If you do the math, In Stan's book the equation actually looks like 1/(dow yield). In stockcharts.. I think it is 1/!ylddow. I am not sure how to divide 1 by the !ylddow symbol in stockcharts. But if I plot !ylddow and divide it manually. It seems to match the chart you sent me.
Note: !ylddow is a % so you do have to divide it by 100 first.
All historical dividend / PE data can be found here so if someone can load this into a chart to generate the price/Dividend Ratio of the DJIA maybe we could also start looking at this chart on a monthly basis.