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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject1/15/2002 3:16:23 AM
From: Sam Raven  Read Replies (1) of 1567
 
Market internals continue to weaken, as does the screened stock ratio at +1.98 favoring buying, the estimate of market risk remains moderate.  The ratio has dropped 8 consecutive days, we are certainly due for a bounce.

Strong groups include; computer services, computer peripherals, computer memory devices, Internet ISP's, gaming, homebuilders, software, restaurants, semiconductors and select retail.  

We'll keep our eye on the same group of stocks as yesterday.
We did add a position in HRB today. VSEA looks interesting to me too.

Good Trading!!

Sam
savvy-trader.com
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