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To: paul feldman who wrote (47308)7/2/1999 6:49:00 PM
From: Roebear  Respond to of 95453
 
paul,
IMVHO:
FLC has a very nasty looking chart which would require great OSX performance or some good news to save it from retesting some lows.

OMNI has Slider who must have took profits <gggg>. Seriously, I need to take a closer look at this one.

FGI the fall to 13 3/8 today was almost a given looking at the 5 minute charts. I mean it was VERY tempting for me to sell and buy back even though it is a long term hold. More important is that there was buying at that price to take it back up a bit to 13 1/2. This preserved support in the 13-13 3/8 range from its recent "minor" gap up. No news on FGI that I can find.

FLC and OMNI I don't follow closely for news, yet.

Regards,

Roebear




To: paul feldman who wrote (47308)7/3/1999 12:59:00 PM
From: BoNg-N-BoNg  Respond to of 95453
 
re: FGI - it did a healthy short term 50% retracement between the low on 6/28 and high on 7/1... I think short term trader took a profit on friday also esp. w/ this long weekend coming up...I expect some weakness on OSX in general this tuesday while waiting for API report but w/ FGI, it could go down a few more ticks atleast to 2/3 retracement the most... as long there's no bad news, it looks like FGI will hold and bounce at that level.. anyway, if API #'s is better than expected, a retest of OSX high is possible next week (someone mentioned this already I believe)but breaking that OSX resist. will be a tough one though....

just a thought..
eL..