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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: stan s. who wrote (37681)	5/7/1999 3:30:00 PM
From: Chicago	Respond to of 90042

Re: COMS In looking back at FORE, it traded in a range from 22.5-25 for about 3 weeks before the buyout, we are ending week 2 of the trading range of 25-27 for COMS. Something to think about...

To: stan s. who wrote (37681)	5/8/1999 8:48:00 AM
From: stan s.	Respond to of 90042

PAIR, here's an updated Point and Figure chart with the .5 box size and the 3 reversal. geocities.com Blue line shows the quadruple top break, red line shows the double top break that occurred directly thereafter. I'm not a PnF'er, but SI does have a good thread for anyone interested. Tom Dorsey (you've seen him on CNBC numerous times) contributes there and also maintains a good chart site. Dorsey Wright I think. Stan

To: stan s. who wrote (37681)	5/8/1999 8:52:00 AM
From: stan s.	Read Replies (1) \| Respond to of 90042

MRVC, SFAM. I mentioned MRVC's double top break over resistance on Wednesday. It continues to move up forcefully and in an orderly fashion, very heavy volume, 40% move last week and better than a double in the last month. It tanked last fall so the chart still shows a lot of upside, CEO just returned from China. I'm assuming move is in anticipation of news. Anyway a good one to have on a watch list (at a minimum), downside would, at the moment, seem to be limited to the double break point of 10 5/8. SFAM, another tank, from 65 to 10. Big move on Friday. I know this thread abhors rumors so I mention this merely in the context of possible explanation for Thursday and Friday surge, 11 to 16. Apparently rumors circulating of a buyout. Speculative stuff on this one, I would not rush in but an ear to the ground might be wise. Massive volume. If it falters, 12 1/2 to 13 seems a reasonable point of support. Stan