Trey,
<< the technicals are still working...would have liked a close above 5 better, but the volume confirms a turn. if we dont sink lower, the uptrend from october is in place>>
Whenever you are pessimistic, WSTL is in uptreand <G>.
From several tickers related to ADSL (PAIR,ADTN,AWRE,ORCTF,ALA) only WSTL was + 1/8 on Friday, IMO a dead cat bounce. Orctf is around $14 from $24, PAIR $9 from $12, ALA $21 from $29 AWRE $32 from $44 and finally WSTL $5 from $8. ALL ADSL cos are loosing as though the street does not believe in ADSL alternative to cable??? |
