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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who wrote (310)8/22/2000 2:27:26 AM
From: Sam Raven  Read Replies (1) of 1567
 
None of the little stocks from yesterday did much today. Several look like they have potential today, but with the FOMC news pending we may be in a narrow trading range. I prefer to have a buffer above my buy price going into news days like today in case the market dumps I would have time (hopefully) to exit my positions without a loss.

So...because of the potential narrow range there may not be that buffer. We'll be watching enough stocks that something should play out during the day. A few longs: CYSV, (I liked this one today but it didn't do much), APRS, ITXC, PZZA, EBNX, GLGC, CHIR, BCHE, and HC (has got to be a great energy play).

Good Trading!!

Sam
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