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

To: Ed Frye who wrote (7171)	1/15/1998 7:31:00 PM
From: Paul A	Read Replies (1) \| Respond to of 12559

I have never been a big fan of TA because it leaves too much out of the picture. People are very cautious these last few weeks, and with good reason. Take this morning for example. If you purchased at the open for high 16s you could have had 2 opportunities to sell easily at 17 1/4- 17 3/8,.. The dow was down from the start, and the nasdaq was pure parnoia. Funny.. you folks were bullish a few weeks back when FORE had no reason NOT to break out and race to $20.. Now that we have good reason to be having trouble crossing these barriers, everyone is having a shit. We had a higher high today and a higher low. Not bad. Todays action was very predictable and it shows me we are very paranoid and thats all there is to it. Im very bullish right now. FORE has serious support, but those supporters are not afraid to take profit when they see the price stall. and why should they be? they know they can repurchase the stock 10 minutes later for 1/2 a buck less!!! and thats exactly what they are doing. Only problem with FORE right now is the volume, which is pathetic. Their going to hold off till the last second before running this but if it dosnt happen tomorrow, it will happen Monday.