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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject4/16/2001 12:20:47 AM
From: Sam Raven   of 1567
 
I spent the weekend at the services for my grandmother. She was a good person who showed uncommon strength in a period of history that most of us will thankfully only read about the horrors. I'm afraid I have to admit that her passing was a blessing, as an attractive energetic woman during her 60' and even 70's, her 90's seemed to strip her of everything but a label on a shell of a body. May we all live as well, and die even better.

The market internals last Thursday were mixed to slightly improved. The screened stock ratio reversed Wednesdays level at 5 to 3 favoring buying. Having 4 plus days in the NASDAQ has got to be viewed positively and we continued to see strength in the face of bad earnings reports.

Semiconductors have been showing up in the screening, and despite mostly bad sales across the group, we have added a couple for today. I'd go "lite" on the semi's but much of the rest of the market could continue up this week.

Long: ACLS, APD, AWK, AXE, DG, FHCC, IGEN, IMCL, MHP and SRCL.

Good trading!!

Sam
savvy-trader.com
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