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Technology Stocks : FORE Inc.

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To: Ed Frye who wrote (7041)1/2/1998 4:08:00 PM
From: Ed Frye  Read Replies (1) of 12559
 
After dropping back to 15 and 3/4 late in the day, FORE took off with NASDAQ in the final 15 minutes of frenzied trading where virtually every trade was on the ask side as FORE pushed back up through resistance @16 to close @16 and 5/16! This is the tall white confirmation candle closing above resistance that the doctor ordered. Later I'll report on the volume during each of the last few 5 minute intervals of the day but suffice to say the pace of trading quickened measurably. This was an extremely bullish ending to a perfect 5 for 5 Santa Claus rally..........ed
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