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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject	7/2/2003 12:48:07 AM
From: Sam Raven	of 1567

Three shorts we watched today alerted, but the closed up on the day, they aren't worth the risk to hold since the market seems to be on the mend, at least for the present. JNJ was the only turnaround position alerting today. TBL and YHOO were the only breakouts alerting. The SSRatio looks to be on the way back up, showing improving market internals, rising +0.11 to -1.51 favoring Selling, the estimate of market risk remains High. We remain in "lite mode." Looking better than it has in a few weeks. Lots of potential breakouts to watch tomorrow. Sam

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