Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: James Fink who wrote (5114)	4/13/1998 3:40:00 PM
From: Alan Aronoff	of 12468

<<To buy more WCII stock, on the very day it breaks an important support level, is INSANE. Y'all will learn the hard way that to defy technical analysis is a costly mistake. >> Jim, The close is far more important than where trading is occurring intraday. A close above $40 will actually strengthen WCIIs support IMHO. Even if WCII closes slightly below $40 in coming days on low volume I would not consider that broken support. Not until volume confirmed. 50 DMA does make things interesting at slightly below $40 but of course uptrending...

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