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

To: ahhaha who wrote (10900)	3/18/1999 1:16:00 PM
From: Atticus	Respond to of 12559

Might want to read Message 8354282 for a better understanding.

To: ahhaha who wrote (10900)	3/18/1999 2:33:00 PM
From: ahhaha	Read Replies (1) \| Respond to of 12559

I'm addressing this to everyone who is looking at that RT Thompsin site. Institutions can pull bids faster than you can doubleclick. Indications of interest are only telling you what someone claims they are going to do. I want to know what they do. Autex and other similar devices are nothing more than advertising and window dressing. Most hedge funds use it all the time to set up short sales. That doesn't tell you anything either. Instantaneous demand or supply tells you nothing even if it is realized. Who is transacting tells you nothing. How big who is transacting tells you nothing. I'd bet that anyone's judgement on the fundamentals of the company, however poor, is a better indication of future stock price than these devices. The public just don't appreciate how stupid big is. Do this: Take any stock, FORE, whichever, and follow this site over time for buy and sell signals. Then, if it is of value, you have a secret tool. If it isn't, which I know is the case, you can throw this "tool" in the trash can with all the rest of the amateurish ways to get something for nothing. What does tell you something is what the majority are doing persistently. What they're doing now is buying FORE. They've been buying since Mar 10 as every trade data decidedly shows positive tick volume and sensitivity to the upside . On the recent sell-off there was positive tick volume with declining price and high elasticity to marginal supply. It is a good indicator because it indicates what people are doing. The big market is setting up for a sell-off as indicated by the price advance on net negative money flow almost every day so far in March. This is the kind of evidence that has attended every significant sell-off in the last 20 years. FORE is a strange beast. It would do no worse than hold after an initial drop in such an environment and when the selling slowed among the generals, FORE would be popping up. It tends to move upward when it is difficult to get long anything.