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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject12/17/2000 10:49:19 PM
From: Sam Raven   of 1567
 
The market internals were down again Friday, but there were some significant bounces. It looks like if the NASDAQ makes another run at a new low, the number of stocks setting a new low will be fewer, indicating a strengthening general market. Our screened stock ratio improved to 10 to 8 volume favoring selling, it was 10 to 3. Communication and healthcare stocks were strong on Friday. I expect a good day Monday as traders anticipate an easing of the bias from the Federal Reserve following Tuesday's meeting.

Long: ACDO, EXDS, NCOG, DE, OCA, PLNR, PLT, PWAV, POSO and UDS.

Good Trading!!

Sam
savvy-trader.com
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