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Strategies & Market Trends : P&F Research

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To: Mr. BSL who wrote (12)2/28/1998 10:19:00 PM
From: Mr. BSL  Read Replies (2) of 389
 
Biomet - BMET

NYSE %B: Bull Confirm
Broad Group: Healthcare - Bull Confirm 44
Narrow Group: Medical Instrum - Bull Alert 40

Inst. Spon: S&P 500 company
FA: Value Line 1
RS: In a column of X's
Bull Support Line: Above

Vert Count: 36
Price: 30
Chart: High end of an up channel,
needs a pullback

Note to all - My "inventory" consists of about 300 stocks, nearly all
S&P 500 companies. My first screen, Value line 1 or 2, cuts the
number of prospects down to about 60. The second screen, Broad group
at or less than 50% bullish, usually cuts the number down to
about 15 to 30. In early January, I had 40 prospects. Today I have 4!
(BMET, MDT, GDT & MAT). The last time I saw less than 6 prospects at
any one time was last October 11th (zero). If you don't see any of
my posts on this thread for a while, it will be because the pickings
are so slim right now, not because of a lack of interest.



Regards,

Duke
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