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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject8/27/2002 11:26:20 PM
From: Sam Raven   of 1567
 
No additional short term stocks screened out, and HLYW hit its stop. There are a three potential breakouts to watch: ALLY, NEM and XTO. And, nine potential shorts to look at today: ACE, ARW, BRL, EVC, IFIN, MET, MOLX, NOVN and XL. These shorts are not breakdown, they have rebounded and may be heading back down, (a reverse of a short term trade) and don't really have an alert price. Unlike the breakouts/breakdowns where it is best to let them break their previous days high or low before looking to take a position.

Our estimate of market risk is posted at savvy-trader.com

Sam
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