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

To: Warthog who wrote (1756)	5/14/1998 6:46:00 PM
From: raven	Respond to of 2897

Collin: Thanks for the charts. You're right, I think this one is ready to punch through $l. This could be a heck of a stock. Holding for the long term. I could use a little of that Tri-tip. It's been a while. I wouldn't take CA to get Tri-tip though. VBG raven

To: Warthog who wrote (1756)	5/14/1998 7:30:00 PM
From: Bill Fortune III	Respond to of 2897

Collin, as always thanks for the charts. I will post only one more chart along with these comments. Click below to see the chart: chart1.bigcharts.com Folks, in addition to the charts Collin posted in post # 1756 I add the above for your review. In my opinion and based on the following description of "The Momentum Indicator" (lower part of the chart) I believe that FNTN is ready to move upward. According to "The Momentum Indicator" FNTN momentum has climbed very sharply and has fallen off from the continued upward movement. As the description below describes it fell sharply and I in my opinion that signals most probably a reversal in the trend. If the momentum indicator starts a upward movement in the next few day prices, and in my view price increases should not be far behind. You judge for yourselves. By the way the upper part of this chart is giving me the same information as well as those posted by Collin, FNTN should be moving onward and upward. The only thing that will prove me and the charts wrong is if FNTN investors panic for some reason and start selling at market price. REMEMBER THAT THESE ARE ONLY MY OPINIONS. Bill Fortune III Description of: THE MOMENTUM INDICATOR measures the amount that a security's price has changed over a given time span. The Momentum indicator displays the rate of change as a ratio. The Momentum indicator can be used as a trend-following oscillator or as a leading indicator. Used as a trend-following oscillator, technical analysts typically buy when the indicator bottoms and turns up and sell when the indicator peaks and turns down. If the Momentum indicator reaches extremely high values and then turns down, you should assume prices will probably go still higher. The method of using the Momentum Indicator as a leading indicator assumes that market tops are typically identified by a rapid price increase and market bottoms end with price declines. As the market peaks the Momentum indicator will climb sharply and then fall off-diverging from the continued upward or sideways movement of the price. Similarly, at a market bottom, Momentum will drop sharply and then begin to climb well ahead of prices.