FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 2.880

-6.5%

12:05 PM EST

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To: semi-recumbent who wrote (22169)	11/25/1997 11:57:00 AM
From: Jack Sman	Read Replies (5) of 41046

Sam ~ Jack, what does this mean? If the stock is trading at 4.96 how can I get the shares I want? I almost bought at 4.12 but after reading Jean's well reasoned posts I decided to wait for $3.50. I usually don't post my TA interpretations on this thread (even though I'm really good at it) but this time I will, just to answer your question. Looking at the chart it appears that the Directional Movement (ADXR) is on the verge of swinging above the Parabolic SAR and at the same time, the On Balance Volume has increased to a level that can support a Binary Wave #2 MACD/trigger. If this happens (should be around 2:37 this afternoon) and we also find that the Relative Strength Index is positive, it could cause the Acc/Swing Index to crossover the Moving Average Convergent-Divergent (MACD) line, which will support a Volume Oscillator X Standard Deviation with a Mass Index overture. I apologize to those of you that are TA 'challenged' that this is so technical. Basically, what this is saying is that just like me - Jean is full of it. ~ Jack

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