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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who wrote (87192)8/13/2004 2:27:49 PM
From: bcrafty  Read Replies (1) of 100058
 
Dr. Bob, here are the ones I mentioned last week

When talking of relative strength, one has to be aware that it's a relative term. Since I'm not sure how much of or how long lasting a bounce you might be anticipating, I mentioned these last week for longer timeframes, and I mention them because their strength has been shown relative to their indices in general (not as an absolute) for several months. Although I think these stocks are showing decent strength, I recognize that OTOH one could also argue that these issues' relative strength has recently petered out, that the general market's weakness has finally caught up with them, and that they will continue to go down as long as the general market does.

Unlike the list of lesser known issues that I posted earlier, most of these stocks have taken decent hits since their highs earlier this summer, but these stocks might exhibit strength in a longer timeframe as they have shown they're capable of over the past several months. Many of them have various good things happening fundamentally, so if you're looking for more than just a few week bounce maybe some of these deserve a look for the longer term.

stockcharts.com[h,a]waclyyay[de][pb20!b50!f][vc60][iLa12,26,9!Lp14,3,3]&pref=G

stockcharts.com[h,a]waclyyay[de][pb20!b50!f][vc60][iLa12,26,9!Lp14,3,3]&pref=G

stockcharts.com[h,a]waclyyay[de][pb20!b50!f][vc60][iLa12,26,9!Lp14,3,3]&pref=G

stockcharts.com[h,a]waclyyay[de][pb20!b50!f][vc60][iLa12,26,9!Lp14,3,3]&pref=G

stockcharts.com[h,a]waclyyay[de][pb20!b50!f][vc60][iLa12,26,9!Lp14,3,3]&pref=G

stockcharts.com[h,a]waclyyay[de][pb20!b50!f][vc60][iLa12,26,9!Lp14,3,3]&pref=G

stockcharts.com[h,a]waclyyay[de][pb20!b50!f][vc60][iLa12,26,9!Lp14,3,3]&pref=G

Be sure to let us know your top choices after you have whittled down your list.
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