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

To: Galirayo who wrote (19713)	7/27/2000 2:10:09 PM
From: John Curtis	Read Replies (2) \| Respond to of 21342

Who knows indeed. But WSTL's very weak, and now looks to be set to break below it's 13 day moving average of $25. Matter of fact, as I write this it just broke below $25, and with conviction here at $24.62 x $24.68. The market continues in pushing WSTL downward, and downward hard; albeit seems this slide is motivated by the "retail" sector. I don't really see any institutional bailing. TA says if this continues the next support level is ~$23, and below that is the 50 day moving average of ~$20. If this continues I'll have to add another nibble or too. Longer term WSTL's a slam dunk(imho). Meanwhile, the NAZ is handing the marketplace their head right now. 'Tis a bloody, shrieking mess.