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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who wrote (398)11/2/2000 12:02:48 AM
From: Sam Raven  Read Replies (1) of 1567
 
First a correction: NID should have been NIS. We have NIS back on the list for today too.

The internals didn't decay too bad with the indices down, I'm still positive even though the shorts today did outstanding. There was still some good long plays as well. One over riding factor for my optimism is that many of the long picks are back to making several day runs. Which is what you would like to bed yourself in some good longer term positions.

Long: PDS, LLY, INSP, BCR, BRZE, COGN, CDN, EDS and IONA.

Shorts: (now some of these are a little oversold and some have very high relative strength so buy after they break todays low and watch for a reversal just incase.) T, MSCC, NETE, CERN, UST and PAYX.

Good Trading!!

Sam
savvy-trader.com
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