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Technology Stocks : Wind River going up, up, up!
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To: Allen Benn who wrote (285)10/10/1996 3:15:00 AM
From: Mitchell Jones   of 10309
 
I look forward to your Mark Murphy review -- as I do to all your posts.

I submit another possible reason for Wind's current weakness.The stock price had just reached the upper channel on that beautiful chart that Steve Neal maintains on his home page "Clarion Call" (I lurk there too).Chart readers would probably say it was a perfect time to take some profit.

We cannot neglect the number of Technical Analysts who move freely through the market and act on the same information in the same way and at nearly the same time.We can get a read on that possibility by asking Steve to predict the turning point in the current weakness.

Finally it's not fair to use Warren Buttet against me-- he is my biggest hero.

Mitch
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