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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject1/23/2001 1:27:16 AM
From: Sam Raven   of 1567
 
Despite the move in the biotechs, it was hard to find many that floated to the top of the screening. The fastest rising sector that showed up was gold mining, and that's kind'a scary.

The market internals were mixed on lower volume. The screened stock ratio gave no direction at 6 to 5 favoring selling. Maintain a cautious approach, hopefully a little profit taking will settle overbought stocks.

Longs: ALLC (again), ASMI (again), CCRD, ESIO, FBF, FE (again), NEM, NOVT, WFII and SWC.

Good Trading!!

Sam
savvy-trader.com
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