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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: TechnoWiz who wrote (567)	7/15/1998 8:33:00 PM
From: The Philosopher	Read Replies (2) \| Respond to of 15313

A fascinating post. THANKS! I'm know only enough of TA to be really dangerous. Let me be so. Looking at the Collins chart, it looks as though FNTN has recently gone through several cycles of explosive price gains over a few days, followed by gradual pullbacks, and we may be at the verge of another explosive multi-day leap. HOWEVER, if the trend continues, it will then start dropping again for a period of time. If this is a legitimate cycle, why isn't the best strategy to buy now, hold for 2-3 weeks, then sell and wait for a new pre-explosion point to form? What is the basis, based on this chart, for buying for the long term at this point? I told you I was dangerous when I tried to evaluate TA! Please educate me.