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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: JKraft who wrote (11263)	1/26/1998 8:40:00 AM
From: Dave H	Read Replies (1) \| Respond to of 79180

Hi Joanie, FIBR is now in profit-taking mode, which is very understandable given it's amazing recent run-up. I can't say for sure where support will kick in, but I don't expect FIBR to get below 4 1/4. That's where support from a Thomas Demark Sequential is. The safest time to buy more FIBR is after it makes a definitive low (a low lower than the low of the prior day and the next day). Then you can connect that low to the low made on 1/12/98 at 3.31 and get a pretty good support line going. -dave