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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject5/3/2001 12:06:41 AM
From: Sam Raven   of 1567
 
The market internals weakened more Wednesday, it appears more and more that we may be in for some profit taking. However, the screened stock ratio was even more positive at 12.3 to 3.9 favoring buying. Volume has moved up in both the stocks in rising trends as well as those falling, so correct stock picking becomes more important now. Market risk remains moderate.

For the most part the screening was pretty well mixed, except banks, energy and utilities have dropped from sight.

Longs: AHG, AXE, CD, CVD, JKHY, PLCE, RARE, RESP, SCRI and ZRAN.

Good Trading!!

Sam
savvy-trader.com
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