Wind River going up, up, up! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Wind River going up, up, up!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Allen Benn who wrote (8949)	12/24/2000 10:31:54 AM
From: Peter Church	Read Replies (1) of 10309

>>>Any attempt to rely on market or stock timing indicators is mathematically naïve>>> Allen, That statement is a little dogmatic, don't you think? To me, it's all a matter of probabilities and increasing odds in an uncertain world. Your style of fundamental analysis is based on future projections which can't be proven in advance either. The fact that in 4 out of 4 times in the last year WIND has rebounded strongly off of 30 increases the probability that it will do so again. This is not deductive science. But, it does suggest to me that WINd (the stock) is being controlled mostly by technical analysts and traders. In this situation, it pays to look what their crystal balls are showing them. As they say, in the short term the stock market is a voting machine; in the long term a weighing machine. Voting, we know, is full of passion, fury and treachery. Not that you can't be passionate about weight too. You can play it either way, but you can't get away from risk and uncertainty. Thanks for your brilliant work and for starting this very informative thread. Happy Holidays to all from Mexico!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next