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

To: John Curtis who wrote (20291)	9/7/2000 10:31:51 PM
From: sargent	Read Replies (2) \| Respond to of 21342

Hoping to get to 13 again. Agree that single digits would be a true blessing, but doubt we get there. The drop in stock price is telling us something - I guess we wait until the quarter report to find out. However, I do think we will move up nicely before the quarter CC, as any bad news regarding SBC is priced into this stock. Going forward to year's end and beyond seems to be a no brainer as far as growth goes. Everyone who comes to my place and witnesses the speed of DSL immediately goes home and orders it (or at least tries). Trey - so what is the deal with the sabbatical - no posts in six months. Figured you went belly up, but just speculation.

To: John Curtis who wrote (20291)	9/8/2000 12:00:56 AM
From: P314159d	Read Replies (1) \| Respond to of 21342

I like the trade, John, Just MHO,but The Volume: Total volume last 25 trading days is near 50m (almost the entire number of shares available). Once again, as in June, big boys have control. And that sets the stage for strong gains once again. Let's see if develops the same way. RSI7: My fave indicator on this stock reversed course, today from a level below 30. Each time below 30 and a bounce it rallies, The last 4 occurrences: 14.25 to??;14.5 to 18.75; 13 to 26.5; 12.75 to 20.75. This time it comes off of a narrower range than in June. Better or worse?? MACD:. When RSI gives a weak move, MACD is generally declining or not set up for a solid move higher. The former occurred in early August, the latter occurred in late May. This time as in June, it moves dead sideways, ready for a strong break either way! In June, you know which, what now? Stochastic:Fast stoch is a daily buy. If the set up is right, I use it, if not, I wait. Today was telltale buy, because of... CCI: this guy gives me the heads up for change of direction. It is faster than DMI (and more wrong). When it goes below -100 for WSTL --buy is in order. When it reverses course as yesterday, the change is coming. Today verified that and STOCH cleared it. DMI: One which verifies the move is the switch from trading range to trend and short to long. DMI is at -DI=30, +DI=13.7, ADX=24. In late June, 4 days before the power move it sat at -DI= 29,+DI=15, ADX=25. Just as the RSI7 and CCI were aligned similarly. Does history repeat? Cannot say for sure: but I like my chances to see a rally now.