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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject8/29/2001 1:23:01 AM
From: Sam Raven   of 1567
 
The market internals are still mixed, now for the 10th consecutive day. The NYSE stocks continue to deteriorate. The screened stock ratio went negative at 8.8 to 4.8 favoring selling. Market risk increases to high. 

If there was anything good to see in the market it was that several of our newsletter stocks showed up on the screening for tomorrow; BRL, FHCC, SFD and UNH.

The strong groups added insurance to the biotechs, medical equipment, and apparel retail. Pickings were getting thin through all groups however.

Longs: AWK, BRL, CFB, DSPG, ESCM, FHCC, HRC and ICBC.

Good Trading!!

Sam
savvy-trader.com
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