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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject10/31/2001 11:34:58 PM
From: Sam Raven  Read Replies (2) of 1567
 
Signs are looking a little better for tomorrow. The market internals improved today. As did the screened stock ratio at 6.4 to 5.0 favoring buying. The market risk moves back down to moderate.

We finally saw some strength moving back into a few sectors. As groups, biotechs, discount retailers, medical equipment and software and look the best.

FHCC might get some pre-earnings buying, earnings are Monday. We'll set an alert at 27.2. ADVP on the watchlist also reports Monday.

International Game Technology (IGT) releases earnings on next Tuesday, we'll watch for some buying today alerting 51.62.

Longs to watch: ADVP, ARXX, DLX, DRIV, FE, GDT, HNT, NETA, NOVN and STJ.

Good Trading!!

Sam
savvy-trader.com
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