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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject3/2/2001 1:16:23 AM
From: Sam Raven   of 1567
 
The reverse to a rally toward the close will be tested by the earnings warnings that came out after the close. Even though ORCL closed up over 2 dollars, during the after market, it was trading lower than its low on the day.

The market internals decayed more, the NASDAQ rally brought up the screened stock ratio, though still bearish at 10 to 8 favoring selling. This is better, but still a "lite" mode number.
 
During all this turmoil, the biotechs and medical stocks have provided the most reliable long trades.

Longs: ADRX, ARW, AVT, ESCM, LAB, LLL, RARE, STJ and WMB.

Good Trading!!

Sam
savvy-trader.com
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