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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject	1/3/2001 11:11:29 PM
From: Sam Raven	of 1567

The market internals were strong, the rally should to be a turning point. It is likely we'll see a few down days followed by another strong day with volume that will confirm we have seen the lows of this cycle. The screened stock ratio turned with the rest of the market at 13 to 6 favoring buying. I'd like to see it better tomorrow. The stock screening had many technology companies, several of our favorites. There was much more than we could watch and to keep the balance we added several non-tech stocks to the watchlist. The techs may recover fastest, but may not have the staying power of some of the other stocks. Despite how well the phone stocks held up all day today, only PCS returned on the screening. Longs to watch: ACDO, BRKS, CFR, CSCO, DGX, EMC, EMN, GLW, NXTL and TWE. Good Trading!! Sam savvy-trader.com

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