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Strategies & Market Trends : Point and Figure Charting

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To: mph who wrote (11342)	12/11/1998 11:56:00 AM
From: Michael Watkins	Read Replies (1) of 34824

FILE is being hyped by TokyoMex and this thread. The fundamentals do not support such a quick move. They just finished paying dearly for an earnings surprise disaster. I follow the fundamentals of FILE and all its competitors. Beware. This is a short term hype play only. FILE will get back to mid teens eventually but needs to do it on its own, based on delivery of results.

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