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Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?

To: stan s. who wrote (4457)	3/15/1999 10:39:00 PM
From: voop	Read Replies (2) \| Respond to of 10309

I no zero about TA. My question what does a wedge mean and why wedge it from a pre split adjusted value that does not represent a real drop in Feb? thanks for any explanation Voop

To: stan s. who wrote (4457)	3/17/1999 12:27:00 PM
From: Peter Church	Read Replies (2) \| Respond to of 10309

Thanks for the technical analysis. It look's like WIND has filled that gap again a couple of times. Do you think we are doomed to sucking down below 20? There is someone who comes to bat for the stock when it breaks 21. But it doesn't look like an open buy order @ 21. Could be the company making purchases? Don't know how long that can last. Otherwise the stock is fairly ragged and unloved except by us and those who appreciate quality. I imagine there is a mood of fear about the stock after seeing it drop 30% just two months ago, (and for no good reason). How do you fill a gap down like that? I would like to sell options to gain income from my WIND stock. Selling May 25 calls would be conservative. The risk is loosing my stock in a breakout move. I think WIND is oversold now but the DOW is overbought and at risk for a fall, taking the broad market further down with it. So selling calls seems like a good choice. Any comments on this move?