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

To: JOHN WHITE who wrote (1679)	5/12/1998 7:46:00 PM
From: Radim Parchansky	Read Replies (2) \| Respond to of 2897

John, In retrospect today's news is just conformation of recent events and therefore it is already in the current price. The question is if this is so, what kind of news or event would be considered as a next step not reflected in the price. FNTN needs to bring the price up to $4 for NASDAQ requirements and the issue is do (should) they have any time-frame for it and is it going to be gradual or sudden or does it matter? Radim

To: JOHN WHITE who wrote (1679)	5/12/1998 8:35:00 PM
From: Bill Fortune III	Respond to of 2897

Sorry to say! One and All. I see something very good. I f you are interested please read on! In my opinion the charts tell the story. The following chart using "The MACD" and as I interpret it, in my opinion it SAYS, TO BUY. Why? The MACD(12,26) (Red Line) and The MACD(9) (Blue Line) are way above the "Signal Line" which is located near the very bottom of the chart with MACD's blue and red at the very top. QUICK EXPLANATION OF THE MACD: The basic MACD trading rule is to sell when the MACD falls below its signal line and to buy when the MACD rises above its signal line. A bearish divergence occurs when the MACD is making new lows while prices fail to reach new lows. A BULLISH DIVERGENCE OCCURS WHEN THE MACD IS MAKING NEW HIGHS WHILE PRICES FAIL TO REACH NEW HIGHS. The MACD Chart at: chart5.bigcharts.com Now one last Chart of a great many that I use is the "Fast Stochastic Indicator". Using "Fast Stochastic Indicator" and as I interpret it, in my opinion it SAYS, TO BUY ALSO. Why? Both the %K and %D are on the upswing and the %K changed to a upward direction prior to the %D indictor and both are continuing to rise. QUICK EXPLANATION OF THE "FAST STOCHASTIC INDICATOR": Ordinarily, the %K line will change direction before the %D line. However, when the %D line changes direction prior to the %K line, a slow and steady reversal is usually indicated. AS YOU CAN SEE BOTH LINES ARE CONTINUING TO CLIMB. The Stochastic Oscillator at: chart5.bigcharts.com So take the charts as you feel. Wouldn't it be nice if stocks always did what the charts seem to say they should be doing. Charts do not make stock prices go up, but only try and show the trend of what a stock should be doing. FNTN should be going up. We will just have to wait and see. NEWS! As John White said in his post # 1679 this news that was released today was expected. I feel that some of the previous buying as based on the anticipation of that news. Had it not been released we more than likely would have seen some selling taking place. The one thing that I feel should be said is, don't expect large upward movements every time some new is released. Otherwise you will be very disappointed. FNTN needs some time and space to get the things accomplished that are critical creating a solid foundation for strong and continued growth. As Don Roberson put it "Sounds great. So just more reason to relax for the interim". I believe he is absolutely CORRECT! And Don I do swear. Just one last thought on the personal side. The quality of the people and postings on this thread is so phenomenal it is almost unbelievable and the means everyone here!!!!! Just keep the faith and posting the excellent post and more than likely we will all be well rewarded. Bill Fortune III PS Collin, thank you very much for your chart posting to be sure I use in conjunction with my own. Very much appreciated. We can't have to much good information to study.