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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (12011)	4/1/1999 2:41:00 PM
From: tom pope	Read Replies (1) \| Respond to of 43080

FORE is one of those Waiting for Godot/takeover plays that has seen anticipatory runs followed by declines as reality sets in (which does not mean there won't be a takeover, just that some traders want instant gratification.) Today's action is a little more convincing than usual, possibly reflecting position taking before the weekend. Might be good for a fractional gain between now and the close. I sold some at 7/16, looking to buy back cheaper, a play that has worked pretty well recently. Not today, and I went back in at 3/4. FWIW. Sue, you're right about WIND's volume. Could be a capitulation bottom. Nice call by Judy on DRIV. Of course, I didn't play it.