Forum Archive Index - January 2003

[Phaedrus <Phaedrus@techemail.com>]

Barry,
      You must be watching this stock like a hawk. Today, for the first time in 
many years, PFI closed below its longterm trendline. By 1 cent. The 90 cent 
price level provided resistance for many years, and when it was broken, it 
could perhaps be expected to then provide some support. The close today was, 
however, below this level. By 1 cent. These are both bearish indications, but 
you may wish to give PFI a little leeway before acting, given the current 
market uncertainty.

        Phaedrus.

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