Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (13436)	8/26/1998 7:26:00 PM
From: Les H	Read Replies (2) of 120523

Only 19.6% of stocks are up over the course of last five days on a buy-and-hold basis. Looking back 21 days or approximately one month to near when the downdraft started, the percentage of profitable stocks bought-and-held is a paltry 17.6%. And for 63 days or approximately one quarter, only 23.1%. I keep a statistical report of 3500 stocks over $ 5 and average volume over 40,000.

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