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Technology Stocks : Winstar Comm. (WCII)
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To: gauguin who wrote (4751)3/27/1998 11:18:00 AM
From: Kingpin  Read Replies (1) of 12468
 
At 46-47 Today RSI shows we are overbought. Winstar has traded lower from RSI 80 consistently. We are above the upper band of the price channel also.

If the stock shows signs of a short term top I will probably let go of about 20% of my position.

This gives me cash to take advantage of dips, if they ever occur. If not, I still have 80 % in.

Started to build a position in World Com today. Gonna dominate the world some day. Wouldn't want to miss that.
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