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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 3.550+1.4%Jan 9 9:30 AM EST

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To: David McCleary who wrote (29227)3/2/1998 4:54:00 PM
From: X Y Zebra  Read Replies (1) of 41046
 
>>Looks like TA was finally a little off. A month ago TA predicted a close today of $4 and we're at $4.50, go figure!<ggg> Well, looks like FTEL is forming a very significant pattern, but for the life of me I can't remember what it means! Haven't seen it in a while, it's when upward resistence and downward resistance converge. If there are any TA people out there and want to take a look I'd appreciate your opinion, in the meantime I'll see if I can look it up someplace.
Dave<<

Has to do with Bermuda Triangles... or thereabouts, as in Ascending/Descending ones.

However, in this case the Bermuda one seems more appropriate, since all of a sudden FTEL will disappear from the "bb radar". (hopefully into NASDAQ)....
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