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Strategies & Market Trends : AFTI: ABSOLUTEFUTURE.COM (OTC:BB) -- Ignore unavailable to you. Want to Upgrade?


To: OLD JAKE JUSTUS who wrote (30)2/3/2000 6:38:00 PM
From: Charles Kalb  Read Replies (3) | Respond to of 45
 
Actually, from a TA standpoint I think AFTI has been in a run for several months already.

I bought into AFTI a couple weeks ago when it was still under a dollar after coming across THE PHANTOM and reading some of his analyses. He claims to be a Master Chartist and he obviously likes AFTI's chart. I like charts and TA also but trying to interpret the Phantom's chart analyses is a bit akin to the challenge faced by those who eventually deciphered Egyptian hieroglyphics. I keep looking for my PHANTOM Rosetta Stone so I can transcribe a one-to-one correspondence of PHANTOM terms to more conventionally defined TA "language".

That being said, it looks to me that AFTI is exhibiting a pretty solid recovery, just don't expect it to go straight up. We are in a price range now for AFTI where there will likely be a partial retracement or consolidation phase after each significant move up. If we keep putting in higher highs and higher lows we have it made.