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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: RavenCrazy who wrote (1671)7/23/1998 3:48:00 PM
From: Michael Baron  Read Replies (2) of 15313
 
Dear blackbird (and anyone else who cares to chirp in)

At the end of last week and through today, many remarked that the chart looked great. I am not a TA by any means, but when I see slow and steady accumulation and increase in price, broken by gentle low-volume sell-offs, I know what I'm seeing.

My question is: Does this type of chart, a classic climb, with strong long positions, a relatively small float, and sudden volume increases, send a message to MMs that the field is ripe for picking? I mean, the easier to read, and the more recognizable the price/volume is, does that make it easier for MMs and daytraders to take advantage? Were we set up because we looked so good?

M.
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