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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who wrote (707)11/7/2001 12:26:26 AM
From: Sam Raven   of 1567
In reviewing Tuesday...

My fear is that the Federal Reserve may over play interest rates when it is not at this point major factor in the slow economy, time and fiscal stimulus would help significantly more than the difference between 1/4 and 1/2. It was a tough call and I have to respect their decision.

The market moved nicely, especially that last hour, the stocks listed here yesterday also had a few nice plays out of those that alerted, and the others are worth watching another day.

ABI, ADP and GILD are still worth watching again. ADVP is a question, we'll watch it Wednesday in case it makes a comeback. APOL is one we watched for this move off support for a few days. MSCC did ok, not as good as I expected. It seems to be hitting resistance up here. Both SLM and TJX are stocks we have been tracking in our weekly Growth Stock Journal and have bounced off support.

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