INTERNATIONAL FIBERCOM, INC. (nasdaq - IFCI) Message Board

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Microcap & Penny Stocks : INTERNATIONAL FIBERCOM, INC. (nasdaq - IFCI)

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To: Jgilbert who wrote (2413)	10/17/1997 4:12:00 PM
From: Rob S.	of 2486

One week "does not a trend make". I think that as long as several tens of billions aren't pulled out of the funds that it will still be neutral to positive. A weeks worth of data is just "noise" that does not determine a trend. This can easily be reversed into positive momentum with bargain hunting. Any positive inflow in the current market climate is very bullish. I think we had a major reversal in IFCI today and a minor reversal that may turn into a major reversal in the markets. The news and interpretation of events by pundits and the mood of the average person will determine if we get a continuation of the downdraft on Monday. IFCI has probably seen it's pull-back off of recent highs, may re-test on monday but is heading higher IMO.

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