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Technology Stocks : Wind River Systems - Technical Analysis
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To: Peter Church who wrote (413)2/23/2001 4:42:35 PM
From: tom ablett  Read Replies (1) of 431
 
From the depths of despair to Rally nicely and close above major resistance.
We tested a 9-month low this morning, hitting 25 1/2, wasn't looking too purdy.
Thank goodness the futures turned around and WIND rallied like a King.
Hit $29 just before the close, plowing through resistance at 28 with lots of
participation. Lets hope this is the beginnings of an earnings ramp and hope
earnings are on the good side with a decent outlook. Even the companies that are
beating estimates by a penny or two are getting creamed lately.
Tom A.
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