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Strategies & Market Trends : One trade a week

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To: SnowShredder who wrote (84)10/11/1999 4:10:00 PM
From: Les H  Read Replies (1) of 89
 
The problem is I have no new industry group buys. My last buy signal was on Medical Products (RXP) last Wednesday, and I purchased Amer Home Products (AHP) at the time. I'm also running out of buy signals since the market has run up since two weeks ago. Friday, only 31% of the new signals were buys whereas two weeks ago I had 88% buys. I'll have to post the action lists for both long and short, and reasons why AIQ triggered a signal as well as the other indicators. Usually, when the market runs in one direction to near its conclusion, one action list (short or long) starts to deteriorate and the effectiveness of signals worsens. The other list would start to perform better.

The reason I limited the number of stocks to the list I have is time and the expectation that they recover back to their normal performance. The signals also aren't day trade signals.
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