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

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To: TechnoWiz who wrote (971)4/5/1998 1:42:00 PM
From: JOHN WHITE  Read Replies (1) of 2897
 
Wiz thank you for the update and analysis. I too would like to phone the co. occasionally but if we all called it would wind up counter productive .

Before I clicked on the SI FNTN Thread this morning I'd just been looking at an FNTN chart that shows the "William's %R".

Steve Achelis , the creator of META STOCK , has a section in his monumental book " Technical Analysis From A to Z " about this "Williams %R" TA tool:
"An interesting phenomena of the %R indicator is its uncanny ability to anticipate a reversal in the underlying security's price . The indicator almost always forms a peak and turn down a few days before the security's price peaks and turns down . Likewise , %R usually creates a trough and turn up a few days before the security's price turns up ."

The "William's %R" has just recently turned up on the FAMH chart substantiating the information in your prior message that we are on the brink of LIFT-OFF .

John
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