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

To: Igor Nasonov who wrote (7170)1/15/1998 2:17:00 PM
From: Ed Frye  Read Replies (1) | Respond to of 12559
 
My view is that FORE's bullish energy the last couple of weeks is related to more than traders reversing their positions up and down. If I'm correct, there is a risk that the bulls will become discouraged as failures mount up and we'll be back at 15. If I'm wrong, you'll get rich while I get old.

I suppose I could reduce my profit target and limit sell @17 3/8 with a buy-stop @~18. Keeps me in the game if there's a breakout for the price of one successful reversal. I'll have to think about that one.

PS The tone of the market has me sensing a weak close.




To: Igor Nasonov who wrote (7170)1/15/1998 9:18:00 PM
From: Paul A  Respond to of 12559
 
still a bit early to tell, but if the futures are any indication as well as the over seas markets- tomorrow we should have a nice lift in the morning. Would be real nice to get a gap open to $17 and if this happens then we will probably touch $18 tomorrow.

Than again, it can all change as it always seems to do at the last second...


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