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[sharechat] Opportunities


From: Phaedrus <Phaedrus@techemail.com>
Date: Thu, 20 Sep 2001 14:26:07 -0700 (PDT)


Francis,
         For many months FFS had been in a trading range of 29/30 cents to 34 
cents. It broke through its support level, and is now in a downtrend. Tempting 
as it is at current prices I would wait for the break of a confirmed trendline 
at the very least. If in doubt, stay out.
   NZ stocks that are on my watchlist include AIA BCH CAH FAP FBU FFS GPG INL 
NPX RBC TEL WAM.
   Do not overlook opportunities in other countries. Australian banking stocks 
are trending down nicely, as are many others such as NCP FXJ LLC PBL. 
   US stocks will be good, but it is no place to be at the moment.
  Regards,
            Phaedrus.

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