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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who wrote (375)	10/18/2000 12:09:31 AM
From: Sam Raven	Read Replies (1) of 1567

Today was tough, seems like the longs went up and the shorts went down. Add to that the gapper plays failed. Thank goodness there is always tomorrow....but....Our screened stock ratio is as bad as I've ever seen 10 to 1 favoring shorts. It means the volume is fleeing the down stocks more than volume coming into the up stocks. Which leaves us still cautious. Longs: SGP, JNJ, CEFT, DDIC, PBSC, LMNX, PRCS, APA, AAS and HMA. Shorts: NKE, TIF, DS, and CAMP. Good Trading!! (but be careful or cash <g>) Sam savvy-trader.com

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