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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)
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To: TechnoWiz who wrote (1744)5/14/1998 11:17:00 AM
From: JOHN WHITE  Read Replies (2) of 2897
 
I know that the type of consolidation FNTN's presently in is giving Wiz goose pimples and for good reason .

A wedge formation like the one we're in now usually breaks out on the up side in no small way . In Elliott Wave Theory parlance FNTN is most likely nearing the end of a "horizontal triangle" which is only a hesitation in an upward movement.

Now is probably not a good time to go on "fishing trips" to other areas with any FNTN dollars.

John
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