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Technology Stocks : Wind River Systems - Technical Analysis

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To: Ronald Paul who wrote (45)10/15/1997 10:47:00 PM
From: Mitchell Jones   of 431
 
Today's candle is a "Thrusting Line" and ,unfortunately,doesn't promise an end to the lethargic trading we've seen over the past several days.

The pattern is very similar to a "Piercing Line" differing in that the closing price does not extend over half way up yesterday's black candle;therefore,it confirms the lack of strength that has been evident for several days and maintains a bearish outlook.

We are trading very near strong support and the thrusting line is not a very strong indicator so----

Tomorrow is a crap shoot.

Mitch
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