SI
SI
discoversearch

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.
Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: charlie mcgeehan who wrote (19560)7/20/2000 11:41:04 AM
From: Galirayo  Read Replies (1) | Respond to of 21342
 
Charlie ... Hi ..

I'm looking at your 29.00 number and trying to figure it out. I see 28.43. I'm using the Candle Bodys not the highs.

Did I get correct what you're looking at?

Cheers!
Ray



To: charlie mcgeehan who wrote (19560)7/20/2000 11:51:13 PM
From: P314159d  Respond to of 21342
 
Charlie while I cannot dispute the claim that 29 is noticeable number for trade...

I think it represents weak resistance simply because the volume has now turned over nearly 150% since then. I don't discount the opportunity to trade it, but I discount it as a ceiling from the inevitable move to complete the double bottom and run past.

Again I am drawn to RBAK chart which merely consolidated in this band at 50% without a huge catalyst like the earnings and the market back drop.

Even the hourly chart already projects about 32 near term and that is beyons the resistance.

I expect more trouble with the market as a whole and if we are 32 so be it.
28 tomorrow, so be it.

One week or so and 38 so be it.

Buy it anyway, AMEN