Financial Intranet Inc. (OTC:BB:FNTN) Message Board

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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)

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To: Jack of All Trades who wrote (487)	11/7/1997 1:53:00 PM
From: TechnoWiz	Read Replies (1) of 2897

I don't use any conventional indicators. I have developed my own single proprietary indicator and a fairly sophisticated system for viewing charts in a variety of aspects and that is all I use, nothing else. I agree that you have to be very careful in regards to BB stocks especially low vol issues where the volatility is very troublesome. I don't think there is an indicator in the World that can you get you out at the top of a price spike, so I have to settle for something near that as best I can. Invariably, I find that if you start getting uncomfortable in your gut, you should follow your gut feeling and act accordingly. The only times I have to be very careful about getting in too early, is in situations following a protracted decline as in the case of FNTN or sudden decline like OXHP, as things can get temporarily distorted. I think thats why FNTN's bottom was relatively hard to pinpoint exactly. I now know that in future situations that more or less equates to the general area of 13.5 to 16 in regards to FNTN, you've just got to shut your eyes and buy. Of course megavolume was the big tip off, but it's always easy with hindsight... Rgds Tec

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