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

To: J. Kerner who wrote (171)	3/19/1998 12:28:00 PM
From: Mitchell Jones	Read Replies (1) \| Respond to of 431

He's not giving away secrets, Jason. WIND has become a traders stock-- for the moment. There have been times in the not too distant past when daytraders loved the stock. They could buy in the morning and sell in the afternoon and usually pick up a point or two with very little risk. The market makers let it continue for a while and then began to open WIND up from the day before and increased the spread until they succeeded in scalping a few (or maybe more than a few) daytraders. Traders are now using TA for entry and exit points and do keep the pendulum swinging. The key to their success is low volume and that will only change over time. I am reminded of the adage " There are rich traders and there are old traders; but, there are no rich, old traders". Mitch