Strong Industry Groups - Strong Stocks Message Board

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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject	5/1/2001 12:57:50 AM
From: Sam Raven	of 1567

The market internals were mixed to positive and the screened stock ratio maintained most of its strength today at 9.2 to 3.4 favoring buying. Despite the increase in downside volume, the market risk should again be relatively low. Two groups came out on top in the screening, the biotechs and the communications equipment. I'm just hoping that by having so many of both on the watchlist, we are not twiddling our thumbs if they take a day off. Oils dropped from the top as many of them finished weaker yesterday by the close. MARY, on the watchlist, is a bit of an exception from many of the oils as they are involved in the coal bed methane production we have discussed in the room. Long: ASTSF, CEGE, CVD, EMZ, LTBG, MCDT, MARY, NOK, REI and SDRC. Good Trading!! Sam savvy-trader.com

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