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

To: raven who wrote (2164)	6/8/1998 7:00:00 PM
From: Bill Fortune III	Read Replies (1) \| Respond to of 2897

If you FNTN'ers believe in what charts are trying to tell us, take a look at the ones below: In my opinion they are saying FNTN is on its way up-up-up. But you be the judge! None of these charts take into account today's (6/8/98) movement which would enhance them all the more. MOMENTUM INDICATOR (BOTTOM 1/3 OF THE CHART) 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. chart4.bigcharts.com THE STOCHASTIC OSCILLATOR (BOTTOM 1/3 OF THE CHART) The stochastic indicator attempts to determine when prices start to cluster around their low of the day for an uptrending market, and when the tend to cluster around their high in a downtrending market. Lane's theory is these are the conditions which indicate a trend reversal is beginning to occur. 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. chart4.bigcharts.com ON BALANCE VOLUME (OBV) (BOTTOM 1/3 OF THE CHART) is a momentum indicator that relates volume to price change. On Balance Volume is a running total of volume calculated by adding the day's volume to a cumulative total when the price closes up, and subtracting the day's volume when the security's price closes down. It shows if volume is flowing into or out of a security. When the security closes higher than the previous close, all of the day's volume is considered up-volume. When the security closes lower than the previous close, all of the day's volume is considered down-volume. chart4.bigcharts.com Watching my garden (FNTN) grow, Bill Fortune III