Advanced Fibre (AFCI) ** IPO Message Board

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Technology Stocks : Advanced Fibre (AFCI) ** IPO

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To: Lawrence Burg who wrote (1832)	2/25/1999 11:30:00 PM
From: P314159d	of 3299

You point out the recent trends back to Oct for the indicators. I have watched them as well, but what keeps scaring me is that the current move up can be just a long-term reaction to the bear trend from last year. Kind of an a-b-c move off of the bear down trend if you liken it to Elliot wave. That means the latest move from 15 to here is a new 1 "bear move" with more downside to follow. Sorry, i hate EW, but the 3's and 5's work alot and this last retrace could be the 4 move with a 5 (up) to follow, but we should not retrace this much. All in all , I wait for the low value play now since I obviously cannot figure out the TA any longer. Neither short nor long , just a watcher!

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