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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: felix who wrote (4761)	1/14/1998 11:50:00 PM
From: LastShadow	Read Replies (1) \| Respond to of 120523

FIBR Chart for the last 6 months says' its worth about 4.25 - so right now I'd stay away from it. It could go as high as five, but looking at the tick, I don't see any large buys - just tons of smaller ones. That tends to imply traders looking for a quick buck, or 'investors' buying after an upgrade. If it makes a new high or keeps up this rate for a couple of days, it might be worth revisiting. However, from the swings I saw in the daily chart (as opposed to 5 minute chart for last 5 days), its moving too much for me to have a lot of confidence. Remember, though, this is just a chartist's view - I didn't check news or fundamentals or recent happenings. lastshadow