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


To: Ed Frye who wrote (9685)11/18/1998 5:45:00 AM
From: Bungee  Read Replies (1) | Respond to of 12559
 
Look at yesterday's intraday chart. There was unusual high activity in the second half (of course partly due to the rate cut) with a convincing bounce from 13. For me it looks like the bottom is near. Other opinions?

B.



To: Ed Frye who wrote (9685)11/18/1998 3:24:00 PM
From: Len Roselli  Read Replies (2) | Respond to of 12559
 
Ed,

In reference to your TA analysis of FORE, it is interesting reading, but near worthless in the face of today's buy-out rumor. I am not passing judgement on TA, since I know very little about it; I am merely commenting on today's action in contrast to the technical indicators you posted, which were all negative. I would like to see what those same indicators say at the end of the day, if the price holds up! Obviously, TA can't predict rumor, but how does it incorporate it into its models?

len