Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.200

+4.9%

11:14 AM EST

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To: P314159d who wrote (15281)	2/24/1999 3:39:00 AM
From: Trey McAtee	Read Replies (2) of 21342

pi-- i am focused more on the chart formations than the pure technicals. in my (VERY limited) experience, the technicals tell you when to buy and sell...the formations give you a rough time frame and price. what we are seeing is very interesting...since last october, we have been making higher lows and higher highs with each bounce. this one may crap out at 6.5-7. but i doubt it will go below 5.50 before moving higher. i just hate how nervous everyone gets around the humphrey-hawkins testimony. greenspan always says the same thing, but everyone runs around like cats in a room full of rocking chairs. today wasnt so bad, but who knows what the rationale will be for tomorrow. good luck to all, trey

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