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[sharechat] Fosters Brewing Group

From:	Phaedrus <Phaedrus@techemail.com>
Date:	Sun, 22 Apr 2001 23:11:13 -0700 (PDT)

Ash,
    Technically FBG has been in a down trend since 10/4/01. Any buying after 
this date would statistically have a small chance of short-term success. FBG is 
a good stock to trade using technical analysis. The MACD for example gave a Buy 
signal on 12/2/01 (about $4.70) and a Sell signal on 10/4/01 (about $5.25) Most 
oscillators had indicated a change in market sentiment by 5/4/01.
 As a technical analyst, I neither know nor care what lies behind these moves. 
I just know that they exist, they are measurable, and they are tradeable.
                           Phaedrus.

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