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Non-Tech : MFN Mercury Finance

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To: raven who wrote (1027)3/1/1998 12:53:00 PM
From: DanZ   of 1239
 
Raven,

I don't mind if you copy a link to my post to the FONR thread. Thanks for asking. All you have to do is cut and paste the URL that shows in your browser when you are reading my post.

FONR looks fair. The money flow was positive on Friday but the lower bollinger band is declining and there has been net money out of the stock over the past month. The stock has support at 2 1/2 and resistance at 3. I don't think you should use money flow alone to analyze a stock. It's just one of several technical indicators. If you buy FONR, I would take the profit if it trades to 2 7/8 and take the loss if it trades to 2 3/8.

Best of luck,

Dan
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