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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

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To: Blitz who wrote (1581)7/23/1998 1:26:00 PM
From: Billy  Read Replies (1) of 15313
 
Below $2.00

The entire market is going to continue to get wacked, including the techs. Gateway reports earnings after the close and the shorts haven't even attempted to cover yet. All of the charts and technical indicators on this market and the techs look bad. Especially the New Highs - New Lows. Those numbers should not be this bad this far off alltime new highs in these markets. That's a real bad sign.

There's a little known indicator called the Titanic syndrome that talks about the 10-day MA of the New Lows exceeding the New Highs within 7 trading days of an alltime high on the DJIA. Watch for it !
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