SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strong Industry Groups - Strong Stocks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam Raven who started this subject12/19/2001 1:53:56 AM
From: Sam Raven  Read Replies (1) of 1567
 
The market internals were strong Tuesday, and the screened stock ratio climbed to 21.6 to 2.7 favoring buying, the estimate of market risk remains low. BUT, as we have seen, when the screened stock ratio climbs like this, we tend to see heavy profit taking on the open the following trading day.

Strong groups; biotechs, computer services, gaming, homebuilders, software, semiconductors and select retail. Software was particularly strong Tuesday.

Longs to watch: ABI, BORL, CEFT, CTEC, GE, INTL, NMTC, TMCS, VIP and WLP.

Good Trading!!

Sam
savvy-trader.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext