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Technology Stocks : FORE Inc.

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To: KM who wrote (9809)	11/25/1998 1:33:00 AM
From: Ed Frye	Read Replies (2) of 12559

Tuesday's trading creates an interesting dichotomy. Most if not all of FORE's western style technical indicators are giving a sell signal. Whereas the japanese candlechart has formed a Harami, a trend reversal sign, indicating the downtrend is over. (It should be noted that Haramis are more reliable signals at tops than they are at bottoms.) With the upcoming T-G holiday and light trading days on both sides, it looks like we will have to wait until Monday to know which system of TA will correctly predict FORE's future short-term price movement. ed

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