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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who wrote (731)11/13/2001 11:20:14 PM
From: Sam Raven   of 1567
 
What a nice day, 5 out of 10 stocks on this list with over 1 point gain. We will carry several of these over tomorrow. Wish it was always that easy.....but was it?

Not exactly. I'm afraid if you account for the opening gap it was very hard to pick a stock and make gains on top of that. In fact, BSX and ROST both gapped up climbed and dropped close to unchanged. ACS gapped up and seemed to keep going, until it topped then fell much of the rest of the day until close to the close. GTK gapped and would have been almost impossible to make much off of...So..out of the 10 stocks, the easy gainer was NETA....but what would your chances of getting that one out of 9 stocks going up?

A nice day, but not necessarily easy. We follow over 20 stocks on our main watchlist, so it was a little easier to find one that was making a buyable dip or, looked to be breaking its days high with some strength...i.e. CHKP, GILD and SMTC.

....and to make matters worse I even had a stop hit in XTO, which turned back up by the close.....so it goes.

Sam
savvy-trader.com
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