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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: ChrisJP who wrote (1827)	1/24/1998 8:57:00 AM
From: ChrisJP	Read Replies (1) \| Respond to of 2377

Re FIBR: Yikes !!!! I've read a few more posts and I now realize I'm on the same side of a discussion as Christopher Smith !!!!!!!!! Who would have guessed it ???? I promise guys, it will never happen again ! Chris

To: ChrisJP who wrote (1827)	1/24/1998 2:44:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 2377

FIBR..... >>>You've been averaging up so you will probably be OK. I'm thinking more about people looking for their first entry point. Please consider using your TA expertise to include the phrase "short term overbought" when you discuss prospects for stocks you like. Before you think of criticising this post, think about "RECY on the Move ..." when it was at $7.<<< ******************************************************** Chris: Thanks for your comments... Perhaps I should try to make it clearer when I discuss a stock... The truth is, many times I'll go into a stock for the short term based on explosive technicals... But, further FA and TA evaluation invites a longer term focus... With RECY, it started out as a short term trade... As the fundamental story began to unfold I kept averaging up... I still believe strongly in the long term prospects for RECY... So, while a purchase at 7.00 may have proved untimely from a short term perspective, it will be considered cheap in the months and years to come... As for FIBR... This is a turnaround... So, it can be traded and or held, and averaged down or up... It's hard to know what's in the mind of those reading these threads... Somewhere along the line they have to take responsibility for their buying and selling decisions... Learning more about Fundamental and Technical analysis should be the first goal of any investor/trader... Taking what they read on the threads with a sceptical eye should be the second goal... Knowledge is power... A look at the weekly FIBR chart shows an intermediate term breakout to the upside... The Gigamux and Net Arm product potential adds to desirability beyond the short term... iqc.com Jim