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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: Alejandro who wrote (9030)10/29/1998 10:46:00 PM
From: Night Writer  Respond to of 12468
 
Amateur reading. You are almost at the upper Bollinger band with an RSI of 75.
This is used by covered call writers as a signal to write calls. In other words you are close to a down turn. Of course TA is not a science. If you are long hang on. If you trade, you may read the chart differently. knock yourself out!

Hey! I'm not a short or bear. I missed the last good entry point and I'm looking for the next good entry point. Nothing personal guys, but I would like to see the old roller coaster take a ride to the bottom so I could get in on this baby. Still kicking myself for not buying at $14.

After getting slightly burned on CVUS, I have become a very cautious about the price I pay for a wireless stock. I can wait a long time for a good price.
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