FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.080

-6.1%

3:59 PM EST

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To: mad dog who wrote (30921)	3/24/1998 2:33:00 PM
From: David McCleary	Read Replies (2) of 41046

Never underestimate the power of TA! If you see my prediction and justification based on TA from the end of last week it's uncanny how reliable it's been with FTEL. Has lightning just struck for the 4th time or am I still just getting lucky??? Who knows. Unfortunatly the move was in a direction opposite from what I had hoped, but it moved a significant % nonetheless exactly as predicted by TA and right on cue. Unfortuntly I don't think we've seen the bottom yet, from what I learned about the pattern either the stock will double or lose 50% very quickly. Looks like we're heading towards the loss of 50% IMO based on todays action. To believe it or not is your informed choice. Looking for low $2s before buying more. Dave

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