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

To: TechnoWiz who wrote (2204)	6/9/1998 3:21:00 PM
From: Bill Fortune III	Read Replies (1) \| Respond to of 2897

Wiz, you are absolutely correct. Based on my past experience and in some cases I have seen stocks pull back and retest the breakout at lease once, but the retest has happen more than once in some of the stocks. If the breakout proves to be a true one it will move ahead and than pull back again in order to establish new benchmarks from which to move upward if that is to be the case. The volume is so low today that It would tend to show that it is the nervous investor who is selling at market Ask (which tends to make for more volatility) leaving the more bullish investors in place. But I still believe that it is going to take positive news in order for FNTN to see a true breakout. But that's only my opinion. Have a good day, Bill Fortune III