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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject10/29/2001 2:45:02 AM
From: Sam Raven  Read Replies (1) of 1567
 
The market internals are still positive. And the screened stock ratio while weakened a bit Friday remain positive at 12.7 to 3.0 favoring buying. The market risk remains low. We did seem to get the needed profit taking on Friday, so hopefully we can get another day or two of up markets.

The strongest groups remain, biotechs, drugs, healthcare and medical equipment. Computer networks, semiconductors, software and now energy stocks are the fastest risers.

Longs to watch: APOL, ADVP, BVF, CYTC, DLX, LLL, PEP, SLM and SYK.

Good Trading!!

Sam
savvy-trader.com
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