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


To: MskiHntr who wrote (1694)7/23/1998 8:35:00 PM
From: dharampal luthra  Read Replies (3) | Respond to of 15313
 
MskiHntr, you wrote
"To all, from a TA perspective it appears that FNTN has experienced a major reversal
day on VOLUME. And the way the MMs are treating both buyers and sellers alike, I
feel that the rough, roller coaster ride mentioned in some of the preceding posts will be
in the near future. It appears like we're in for some backing and filling, hopefully for only
a few days."

It appears to me that most of the volume was up and the lull was used by day-traders and MMs to sell or sell short. A new base formation i agree will take place and any news will accelarate the process.
Also next week or so is month end and month-end invites special activities from MMs.
Harry