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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Straight Up who wrote (2664)12/7/1998 11:42:00 AM
From: Lane Hall-Witt  Read Replies (1) | Respond to of 90042
 
FLC worth a look right now. Price increasing on heavy volume -- looks like it's confirming extremely bullish charts. Look at charts for the past few months: TA has been a very good predictor of price behavior. Fundamentals rock solid. Insider buying.

Cautions: ongoing pain in oil sector (Lehman reduced price projections for oil last week); FLC downgraded last week by Lehman and Prudential after Lehman released revised pricing data (which could just as well be seen as a buy signal).