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Technology Stocks : Wind River Systems - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?

To: tom ablett who wrote (383)	1/31/2001 11:32:20 AM
From: Peter Church	Read Replies (1) \| Respond to of 431

I've always had trouble with timing this stock for trades. But it does seem to follow technical trading rules for the most part, mostly for timing sales. Strange, that with all of the bright prospects for growth, there is so much overhead resistance to every move up. I suspect, as before, that there is a large trader who is hedging a short position with bonds and is making a good return off the periodic declines. We have discussed this before, but to no conclusion. Anyway, good luck with 46. I see 40 as looming resistance now, and the risk of seeing 33- again is increasing, IMHO. BTW, WRS is not immune to a world economic slowdown and the analysts know that. Look at FY1999. But to what degree, it's really hard to say.