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Technology Stocks : FTIC - Forensic Technologies
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To: wpckr who wrote (94)5/12/1998 5:22:00 PM
From: David Rubin  Read Replies (1) of 118
 
Well today was a good day and it came on higher volume. The volume is still just a fraction of the average daily volume during the last break out, so I don't know if this is for real.

Looking at the chart, if we get another up day, or a slightly down day, it could mean that a new uptrend has started with current support at 17. But if it breaks the trend we could still see 15-16 before 20.

If you want back in, don't forget that every once in awhile the market makers manipulate the stock, dropping the price by 1 or more points during the last hour of trading. You can try to catch one of these manipulations by putting in a limit order 1 1/2 or 2 points below the current price, you may get lucky.

I still think a market correction is near, and if it does happen FTIC will be hit.
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