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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject9/24/2001 1:31:57 AM
From: Sam Raven   of 1567
 
Still waiting for the turn, the over-sold market continues to get more so. The market internals show no sign of changing direction and the screened stock ratio continues to indicate large volume leaving the market. I'm still waiting to see an up tick in the ratio, it can hardly get much worse at 25.5 to 1.4 favoring selling. Market risk remains high which equals "lite" mode.

This was the fewest stocks I can remember on any screening, and 5 of them are newsletter picks.

The weekly journal is posted at:

savvy-trader.com

This is still a free issue as we are still finding bugs in the links and problems formatting with different browsers, but hopefully the information will be useful.

A few longs to watch Monday: COTT, BLL, ILUM, PSA and UDS.

Good Trading!!

Sam
savvy-trader.com
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