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Technology Stocks : FORE Inc.

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To: Ed Frye who wrote (9707)	11/18/1998 4:21:00 PM
From: Norman Klein	Read Replies (3) of 12559

>>Obviously, TA can't predict rumor, but how does it incorporate it into its models? I purchased FORE this morning (at 14 1/2) strictly on TA. I noticed that the stochastic indicators were near bottom and that the %K was crossing the %D (or vice versa) at a very sharp angle. It jumped out at me and was a very clear indicator, because I haven't been watching Fore and haven't been following the latest news involving them. My decision was based solely on the TA indicators. Although notice that I didn't pre-predict the FORE rise, I only quickly acted on the indicators which measured this rise.

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