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: PAR who wrote (20549)9/27/2000 7:57:26 PM
From: Rich Wolf  Read Replies (1) | Respond to of 21342
 
PAR, you ought to be watching level II ...

Once we get past this market skittishness, you'll see the DSL sector break out to the upside.

Dearth of buyers at times today, was true across much of tech land today... yet, no one *really* wanted to sell down WSTL...

WSTL is a better value here, at this price, and with the future just ahead, than it ever was. Load the boat, don't unload, is my motto. And keep your eye on the horizon, not the individual waves.

My guess would be that if you got stopped out here, you'd never get a chance to reload. I'm letting all mine ride, at this point. Not much percentage likely to the downside, even worst-case. (disclaimer: unless the market goes south 20% in the blink of an eye)

Good luck to the longs.

OT what did a friend tell me today, they say on the street to 'sell on Roshashana, buy on Yom Kippur...' ? Hadn't heard that before. Let's see, that's this week... and a week later... hmmm...



To: PAR who wrote (20549)9/27/2000 11:33:07 PM
From: P314159d  Read Replies (2) | Respond to of 21342
 
Of course, the bigs know this!
If we slide in the NAZ, all stops get flushed, and that is the name of the game. WSTL has a clear bearish triangle, just look in the corner graph. Target is clear from that.