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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Julius Wong who wrote (336)	9/22/2000 1:00:00 AM
From: Sam Raven	Read Replies (1) of 1567

Hi Julius, We have been getting a lot of stocks on our short screens as well, and there is still a lot with heavy insider selling. Tomorrow (Friday,) may not be a very easy day to short cause it looks like everything will open way down. Do you have any feel how low we may go over the next few weeks based on your screening? A few months ago we began using a comparison between a long screen and the equal but opposite short screen to have an idea on market direction, but it gives me no idea on the length or depth of a down move. We will be looking at the some of the good stocks that gap down and see if we hit a few short term bottoms. Our usual long plays off the list and the gappers may not provide much, we'll see. May be best just to sleep in <g>. Sam

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