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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Richard V Davis who wrote (370)10/23/1997 8:56:00 PM
From: TechnoWiz  Read Replies (1) | Respond to of 2897
 
Rick, you sure do a lot of travelling! Your comments just now reminded me that this issue in spite of getting beat up, has gone thru somewhat of a metamorphosis both tecnically and fundamentally and the bottoming action and subsequent base that is developing is symptomatic of a stock that has much higher prices levels potentially ahead of where we are now. Of course, it's not going to be an easy ride, it rarely is, especially coming off a V bottom like this, but I think patience and courage will garner appropriate future rewards. After all, those who had the courage to plunge in near the lows have already made their trade of the year, if not of the month! And what better month in which to be a contra-trend performer.

Speaking of the month, if we close out October anywhere near the highs (on massively record volume), it increases the probability of a two month follow through at least and that could provide for a very bullish continuation into the first quarter of 98.

Rgds

TW