Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: carolyn walder who wrote (157)	3/11/1998 12:30:00 PM
From: Peter Church	Respond to of 431

Thanks Jason Very interesting page, especially if you use the maximum time span. I think it shows long term LARGE investor sentiment. If you look at some of the big growth companies like KO, G, CSCO, MSFT, DELL, AMGN, BA, C you can see a big bulging lens where the on-balance-volume line swells above its stock price. Those are companies where large investments preceded a parabolic rise in stock price, often by years. That's foresight! What is also interesting is how for all these companies, the lens is pinching off right now. That looks ominous to me. Companies where the analysis works on the downside include IBM in the 80's, GM in the 70's-but it didn't work in the 90's for GM. Companies where the analysis doesn't seem to work include the successful biotech company, AGPH, also QCOM. WIND had a small lens in 1995, but gives mixed signals now. It is good that the balance line is higher than the stock price, but it doesn't look like a buy signal. I think that WIND is being dogged by short sellers who only see the high PE and competition from MSFT. WIND will have to shake them loose before the price can grow again. Also, institutions haven't bought the story yet. The information that is available on-line for free is amazing!