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[sharechat] Fletcher Forest Chart


From: Phaedrus <Phaedrus@techemail.com>
Date: Mon, 25 Mar 2002 19:09:38 -0800 (PST)


Greg,
      The attached chart is of FFSPA, and is virtually identical to that of FFS.
 The medium-term downtrend has ended, and the stock is Ranging between 22 cents 
and 26 cents. A new medium-term uptrend has yet to begin. There is consistent 
support at 22 cents. Because of this, buying at current prices should carry a 
relatively low risk, as suggested yesterday by Nick. There has been significant 
resistance at 34 cents, so it would not be unreasonable to expect some degree 
of hesitancy at this level.
     Regards,
              Phaedrus.

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