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Technology Stocks : Wind River Systems - Technical Analysis

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To: Ramsey Su who wrote (302)11/10/1999 11:57:00 AM
From: contax  Read Replies (2) of 431
 
>>TA may be rather insignificant under current circumstances.<<

It was TA and only TA that accurately forecasted this move in WINd. TA works like a stethoscope, showing the underlying health of a company's fundamentals. And for the last month it has been screaming at us that the fundamentals of this company are awesome. What you are seeing in the stock price movement today were spelled out to us by the TA more than three weeks ago. And I have been pounding the table for the last three weeks that WINd was about to break out based on these very "insignificant" Technicals.

I believe that WINd is about to break out.

And the breakout confirmation will come when WINd prints
$21 on an intra-day basis.

I have a strong suspicion that it is about to do just that.

And if I am correct, then we are in for one hell of a joy ride...


--October 15th

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