"Thanks for an excellent service that I am enjoying more and more particularly the chart library. A couple of questions I have related to that:

1. The other day you highlighted the Malaysian market that was moving to new highs but still not overextended above the 200 day ma indiacting at least in my mind a buying possibility vs some of the other underperformers in the region. The question I have is what search parameters could be used in the library to identify this type of opportunity?

2. I was trying to make a relative analysis of the asia and ap funds vs a gneral apr emerging market type index in order to try and identify who is performing above and below the average for the region. But when I go to the options to compare I dont see any overall asia index to use as the relative benchmark............am I doing this correctly or is there an easier way? Thanks again"

David Fuller's view I am delighted that you are enjoying the service.

Comparatively new subscribers probably feel about the Library the way I do when assembling a new piece of machinery or furniture, such as the standing ceiling lamp with separate reading light which I just put together for the bedroom - initial excitement, tinged with anxiety over the challenge, not to mention a degree of frustration during the effort. And once I have succeeded, I know I could put together another one in a fraction of the time.

Most of us do not like directions, but Eoin's 'Help' pages shown in the charcoal tool bar above every chart are really very helpful.

I will talk you through a couple of examples and suggest that you could make the comparisons of interest to you in at least two ways. There are not that many funds or trackers for Malaysia exclusively, but if that is what you wanted, you could search the Library under Malaysia. Among the listings you will see the Malaysian KLCI Index, plus a db x-trackers MSCI Malaysia (XCX2 LN) which is sterling-denominated and only launched last November so there is little back history, a Fidelity Malaysia Fund (FIDLMAI LX) and also an iShares tracker (EWM US) which are both US dollar-denominated.

To create what I think you mention above, I would produce a weekly chart of KLCI as shown above on a longer-term basis if you prefer, then click on the 'Charting' function in the toolbar, click on the link that says 'ratio' and select 'overlay'. Remembering or having written down the codes of the trackers or funds of interest, I would then click on 'other relative' and type FIDLMAI into the 'Search' section and hit 'Go'. This will produce the fund name as in the Library; click on it, and then click 'Apply'. It will produce this result, which also includes the moving average for KLCI. You could then add this chart to your list of 'Favourites' if you wished to do so, by clicking on the 'Add to Favourites' link in the toolbar. You may then wish to click on 'Reset' to avoid repeating the comparison with FIDLMAI.

You may prefer to compare funds denominated in the same currency with each other. For instance, here is the iShare above with an overlay of the Fidelity fund, producing this relevant comparison. There is little difference, as you can see.

Using the same charting function, you may prefer to produce a ratio, for instance, here is FIDLMAI above divided by EWM. There is not that much difference, as you would suspect from the earlier charts, although the Fidelity fund has done a little better over five years.