SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strong Industry Groups - Strong Stocks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam Raven who started this subject9/20/2001 12:18:25 AM
From: Sam Raven  Read Replies (1) of 1567
 
The rally during the last hour today was a good sign, but it is hard to expect a lot when the market continues to make lower lows and lower closes. A change in either of those would be good, and maybe it will be tomorrow since the low was set in panic. Nevertheless, the internals continue south. The screened stock ratio is very negative at 25.5 to 4.1 favoring selling. Market risk remains high. The sell side of the ratio is down at the maximum our screening displays. This shows that down-trending stocks are getting the volume. "Lite" mode is still the safest position.

Beverages, select communication and medical equipment were strong.

Longs: ACS, AJG, AOT, ATK, COTT, FE, FHCC, ILUM and RA.

Good Trading!!

Sam
savvy-trader.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext