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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject9/25/2001 11:34:36 PM
From: Sam Raven  Read Replies (1) of 1567
 
I'm afraid the market internals decayed a little Tuesday, as did the screened stock ratio at 19.0 to 5.3 favoring selling. Market risk increases back to high.
 
The weekly Journal's watchlist had good representation in the screening, 5 out of the 10 on the list. Both oils (UDS and VLO), and HNZ no longer meet the criteria to remain on the list.

Long: ACDO, AJG, ATK, BAX, BBI, CBRL, FHCC, FHRX, NLY and SIAL.

Note that FHRX and ATK both have relatively low floats. FHRX showed up on two screenings so we decided to add it to the watchlist.

Good Trading!!

Sam
savvy-trader.com
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