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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject	9/19/2001 12:33:45 AM
From: Sam Raven	Read Replies (1) of 1567

The economic data releases have lost much of their relevance until the economy and markets adjust to the new reality of terrorism/defense from terrorism, and the associated social and economic costs. Oil inventories and future gauges of consumer confidence will be of most important. It still seems too early to enter the market since the market internals remain weak and the screened stock ratio only found mild improvement but still at 25.5 to 4.4 favoring selling. Market risk remains high. The market is oversold and waiting for some buyers. With the news that came after the close we might see those needed buyers at the open tomorrow. However, "lite" mode is still the safest. Long: ACS, COTT, DBD, GIS, HRB, PEP, PRGX, RCGI and SBC. Good Trading!! Sam savvy-trader.com

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