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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (7933)2/16/2001 10:13:22 PM
From: Jibacoa  Read Replies (1) of 13094
 
JIM:

FDY: Closed at the H for the day, up 9.09% on volume of 8,900. It sells around 0.20 of book value, reportedly(18)and at 0.05 of sales (61 million)

The insiders hold 65% and have done some buying lately. Institutions 51%(about 140% of float) but have done some selling lately. The float is only 2.7 million and it is thinly traded with average daily volume around 15K.

If it can close above the Jan.24 H of 4.18 it will break the downtrend coming from the double top at 11 in Jan. last year.

It gave a buy signal today at 3.31 at 12.30PM on the 60 min. chart.

RAGL

Bernard
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