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Technology Stocks : FORE Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Bernard Gauthier who wrote (7048)	1/3/1998 12:51:00 AM
From: Ed Frye	Respond to of 12559

Hi Bernard. First, no need to apologize for your English, it is quite clear and perfectly fine. Second, your analysis is very interesting. As someone who minored in math as an undergraduate, I have great respect for Fibonacci and I've seen Fibonacci retracements occur with uncanny regularity. I'll check out FORE's oscillators: stochastics, RSI and momentum. The market moved most tech stocks up today. Let's hope FORE can follow through on its own............ed

To: Bernard Gauthier who wrote (7048)	1/3/1998 1:23:00 AM
From: Ed Frye	Read Replies (1) \| Respond to of 12559

Bernard, I just checked out Stochastics, MACD, RSI, Momentum and Money Flow on FORE. RSI is trending up similar to price and still only 50 (>80=overbought). Stochastics, MACD and Momentum have all made golden crosses! Money Flow is trending up similar to price with lots of room to increase before indicating overbought condition. From a technical perspective, it is difficult not to be very bullish at this time re: FORE's near-term future, as you indicated at the outset :)................ed