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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: richardred who wrote (924)2/11/2002 1:28:11 PM
From: Sam Raven  Read Replies (1) of 1567
 
Richard,

Amazing, we just added DRS to our 20 Journal stocks watchlist. We follow those until their uptrend appears to be no longer in place and we dropped two stocks over the weekend and added DRS and BRO. I even commented that I thought DRS was an "off the beaten path" stock. I really liked their last earnings report.

I like GFF, it hasn't shown up on our screening since we screen for stocks with average volume of 200K and above, but I have no problem buying one below that for our own accounts. I'd like to find an opportunity to get into it like there was on the 5th and 6th.

In the screening we use the float as opposed to market cap. And generally try to stay above a float of 15 since the real low floaters seem to easily take out a stop. As far as sales go, since sales drive earnings, I weight sales/revenue higher.

Sam
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