Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (21892)	6/25/1999 1:53:00 PM
From: Dana Johnson	Respond to of 34812

Well, you may be right about the risk. But the stock has been in a downtrend this year, recently breaking triple bottoms twice. It is below the BRL and has shown support ~$4 below its price (25% down). I hope it pops up a little over the next few days so I get a better entry price. Then continued downward movement would give a nice confirmation with a bearish catapult. While the license revenue streams are attractive, software components are hidden from the user (glamorless) and are low margin commodities. So I am betting that WIND may not draw much market attention over the contest period, this summer. If it shows some support and sign of reversal, WIND will make a good long. BWTHDIK... dana