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To: marc chatman who wrote (35800)1/25/1999 4:02:00 PM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
This brings back memories of the miserable old days in OS -- broader market up; OSX grinds down all day with hardly a blip up; closes near the lows; no new extraordinary news.

Gee, I recognize this pattern. If memory serves correct, it means things are going to get worse before they get better.




To: marc chatman who wrote (35800)1/25/1999 10:10:00 PM
From: dmccoach  Read Replies (3) | Respond to of 95453
 
RE: FGI

I think the shorts know something or are a lot better at reading the trend on FGI than I am. I'm staring at its chart tonight and it looks frightening. Money is running out of it big time (negative MF) and it has that death hover look about it -- sorta like APM looked as it hung around at 10 to 11 from jan to mar of 98 before collapsing... 50DMA and 200DMA are BOTH still heading down, the only positive is MACD as it seems to be nearing zero. Every time it gets off the mat it doesn't quite get up as much as the last time though. I hope I'm wrong and Big is right, but charts like RON and RIG look healthier to me. (RON in particular... looks healthy -- I like the Money Flow into the stock, I think someone is accumulating.)

Comments? I predict (I mean guess) we see $9 before we see $14

Dan