THNS - Technest Holdings (Prev. FNTN) Message Board

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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)

THNS 0.00

Jun 7 5:00 PM EST

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To: The Philosopher who wrote (568)	7/15/1998 10:49:00 PM
From: TechnoWiz	Read Replies (1) of 15313

Thanks Chris: Perhaps I did not punctuate the point enough: In Elliot Wave analysis terms, the third wave is always the longest and strongest and therefore this move may be characteristically different and more potent than previous moves. Time will tell... As far as my reasoning for buying here, I could be wrong, but experience has taught me that, when it looks like the real thing, it usually is. Trading pennant breakouts can be a difficult and gnawing experience, you've just got to have the resolve and stay the course. For instance, I've been stalking Eastman Kodak's pennant formation for the last week or so, because I just knew in my heart that this was going to roar higher, once it broke out. Yesterday, the Dow had one of it's biggest up moves all year and EK didn't even move! Today Kodak was the stock of the moment and was everywhere on Wall Street's lips, gapping higher by $6 and closing up $8 3/4 from yesterday's close and a full $10 higher than the previous range. When you see these things, you've just got to believe in them and act accordingly with the appropriate amount of courage and patience to see it all through to the conclusion. Best Rgds Wiz

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