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Technology Stocks : FORE Inc.

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To: Norm Magic who wrote (8299)	4/28/1998 9:20:00 AM
From: Ed Frye	Read Replies (5) of 12559

Hi Norm- >Ed... Pray tell....what does that mean to us "non TA guys"???? is probably all greek (or japanese).......... >previous resistance should act as current support last nasdaq high prior to current rally was 1750 ( = old resistance) >weekly candlechart for nasdaq shows classic top reversal pattern chart looks toppy - ripe for change in trend >3 week tweezer top twezzer tops = identical highs = failure to take out previous highs >followed by doji star a week that opens higher than the close of the previous week - went even higher still - but failed to hold the gain - and closed the week where it opened >a black candle this week would complete the dreaded evening star a black candle means the week closed below where it opened the week - an evening star is a 3 day candle pattern that is very bearish.... hope you find such info useful.....ed

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