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Strategies & Market Trends : Strong Industry Groups - Strong Stocks

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To: Sam Raven who started this subject11/12/2001 3:08:17 AM
From: Sam Raven  Read Replies (1) of 1567
The market internals turned down Friday after being mixed last Thursday. The screened stock ratio saw weakening volume in both up-trending as well as down-trending stocks at 7.3 to 3.3 favoring buying. Risk remains moderate.

The strong groups include biotechs, gaming, computer software, medical equipment, restaurants, select retail, and recently energy stocks. The number of restaurant stocks in the screening was a little surprising.

Longs to watch: APC, ARG, BVF, CBRL, FE, HP, HRB, PDS, TYC and YUM.

Good Trading!!

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