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To: Aggie who wrote (48672)	7/30/1999 8:52:00 PM
From: Gary Burton	Read Replies (1) \| Respond to of 95453

New Low on FGI to approx 8.75 then back up is my best guess. I think FGI is in the process of completing a 'double zigzag' down from the 48 top in Nov/97.... The first zigzag was an ABC down to 19.50 in Jan98 where the C leg was approx equal to the A leg...Then it spiked back up to 44 in May98 from where it started the second and final zigzag...In this case, the A wave went down 78% to 9.75 and the B recently peaked out at 20ish in May99. I think this time the C leg will be shorter than the A leg--8.75 is suggested by my trading software and this would equate to 72% of the A....my 2c