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

To: Mitchell Jones who wrote (94)	1/14/1998 11:43:00 PM
From: carolyn walder	Read Replies (2) \| Respond to of 431

Mitch - I am glad someone resurrected this thread. I have to admit "playing" the market is addictive as any drug, and I have had regular injections this year! I wish that I was more adept with the technical indicators, but I guess it takes time to develop the skill and "intuition" that only comes with experience. I would appreciate any comments or suggestion you may have to my current situation. I sold 30 calls against all my stock (in my trading account) when it was down in mid December (fear of another feb-april, 1997 debacle I guess). I also vowed not to chase it. I plan on selling Feb puts to buy back in after January expiration (assuming it doesn't fall to 30 by Friday!). My dilemma is whether to sell the 35 or 40 strike (only as a spread - I will buy the 30 puts as insurance.) I am kicking myself for not buying them when WIND was at 40 recently - as I had planned. Unfortunately we were preoccupied with visiting with Grandma and grandpa at the time - what a shame when life gets in the way of trading! (HA) What say your crystal ball on the trading range? Does it look like 31-40 or closer to 42? I am hoping for a bounce prior to earnings, however, I am afraid that Jason may be right about the earnings report, in which case, the opposite may happen. - We shall see... p.s. - where did you get the info on the 400+K trade? On Discover Brokerage interday graph it appeared to show several 100K transactions - but maybe I am reading it wrong... thanks in advance, CArolyn