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Technology Stocks : Wind River Systems - Technical Analysis

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To: MONACO who wrote (160)3/11/1998 7:53:00 PM
From: Mitchell Jones   of 431
 
MONACO, I have no real knowledge of what moved the stock so quickly, but I have seen it happen just that way before (and no good news followed).

I have speculated in the past that some shorts wanted to close out some day trades and the Market Makers had a little sport with them, creating a mini short squeeze. I tell myself that there's nothing wrong with shorting WIND, but anytime I see this kind of action, I admit to a (small) feeling of satisfaction.

I like your guess as to the reason for the move better than mine. We'll see soon if you're right.

Mitch
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