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Technology Stocks : FORE Inc.

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To: john dodson who wrote (11617)4/7/1999 10:38:00 AM
From: Captain Jack  Read Replies (2) of 12559
 
john--- You misinterpereted what I meant to say--- things look great!

I AM a trader. There are 2 types. Those in for the fast momentum based on $$/time (1 - 3 days or 1/8 to XXpoints) and those in for the little longer period--- see the momentumn through. The fast guys saw there time frame and percentage wanted hit yesterday--- they left when there individual targets were hit. Some may have hung a little longer but saw some exiting and price falling on others taking porofits.

The reason I said WATCH THE TAPE is the volume and price action is still moving in the direction of good news. Only the fast traders left. Those feeling there is more to get are still here (HI-- it's me) and some that left yesterday are probably back with new targets... and S/Ls in place. They have made their gain and are now a bit greedy but will protect the biggest part of the gain while chancing it is not over yet--- the fat lady Ericson has not let out a happy or sad song yet. The action indicates we have room to go---
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