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


To: Galirayo who wrote (19708)7/27/2000 1:14:21 PM
From: charlie mcgeehan  Read Replies (2) | Respond to of 21342
 
hi ray

RESPECTFULLY

if not today or tomorrow the 40 day ma and the 200 day ma plus the trend of the past weeks are all in trouble. throw me one bone that suggests to you that anything in the next six weeks points up cause i sure can't find it. there are a couple of big gaps looming on the naz (downward).

i am not calling this stock a POS like some have, i'm just a realist. i will make money during the rest of the summer and i will be short 75% of the time at least, unless of course there is some unexpected phenomenon in the markets.

as i've said before shorting is a splendid tool to make money in the markets. john curtis asked for an opinion and i gave it as i am again.

i hope we all are successful in the market BUT that seldom happens. often when people are in love with a stock they lose sight of a bigger picture and that has happened here before. i am not trying to be smarter than you or the next guy, just giving my opinion which is one thing these boards are for.

all the best
charlie