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Technology Stocks : Wind River Systems - Technical Analysis

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To: contax who wrote (29)10/7/1997 9:08:00 PM
From: Mitchell Jones   of 431
 
Today's candlestick is a "Hanging Man" and it normally has bearish implications when appearing at the top of an uptrend.

There are some who say that the body of the candle needs to be black and tomorrow's open needs to be lower than today's close to confirm the bearish indications--we'll see.

This was another volatile day of trading and the price remained down until almost the close.Reminds me of the song-- Women and WIND always get prettier at closing time (or something to that effect).

I do believe there are more day traders than human beings in WIND's stock at the moment.

Mitch
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