Wonderware (WNDR) Message Board

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Technology Stocks : Wonderware (WNDR)

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To: Joey Rodems who wrote (690)	8/13/1997 4:38:00 PM
From: John D. White	of 954

You're not wrong Joey, WNDR looks a little toppy in here to me. Up on light volume. Down on heavy volume. MM's pushed it to a new high this AM on light volume. That's usually not good and I don't trust it. (It's a sucker shot--run the stock up to a new high then sell into the frenzy. Also called "distribution".) Market a little shakey too. Rates rising. Gold firming. I'm still bullish but hedging. Anyone that did their buying between October and January is up BIG TIME on this one. We just might have to stomach a little pull-back if we want the gain to go long term. That's just part of the game. Short term, it's just numbers anyway. Long term FA still good. So be happy and let them have their fun.

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