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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject6/3/2001 11:44:11 PM
From: Sam Raven   of 1567
 
The market internals came back a bit more on Friday as did the screened stock ratio at 6.9 to 1.7 favoring buying. Risk drops back down to low. I'm a little surprised since I thought we would see a little more correction. Many of the Category 3 stocks look like they could go either way, but are staging to start back up, if they do they should produce some nice gains.

The biotechs and medical stocks moved back into the top spot as far as strong groups go. Oil stocks remained absent in the screening for long positions.

Long: AOT, ATMI, AZO, BKS, COF, CPST, FOX, IDPH, PWER and XRAY.

Good Trading!!

Sam
savvy-trader.com
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