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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: John Fairbanks who wrote (354)12/9/1997 11:05:00 AM
From: Freddie Forte  Read Replies (2) | Respond to of 27968
 
John,

Value and direction both have intrinsic importance. Direction dictates
the attitudes of the insiders or professionals and value dictates to
what degree this attitude is. Value is just as important as direction.
Another stock I own, SYCR, the A/D line has been advancing without
hesitation while the stock's price tanked.This is a bullish indicator.
In Famh's case , the A/D went negative dramatically,but, the price
never really tanked. Enthusiasm kept the price afloat even when these
shares hit the market. A/D line is reversing, now, so a neutral to
bullish environment exists.