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


To: the hube who wrote (4532)4/1/1999 12:27:00 PM
From: stan s.  Read Replies (1) | Respond to of 10309
 
I'm beginning to agree. This, once again (for me) is a reiteration of the folly of relying on the perception of fundamentals. Virtually every TA indicator gave a sell signal at 23 after the nice little rally....and when gap support failed, it was time to bail.

It amazes me that TA is considered "tea leaves" when in fact it's based on statistics and solid numbers. It's FA that is "smoke and mirrors" relying on the whims of forward estimates and other vagaries (ie crap) set forth by analysts and company fluff.

Sorry for the vent, I don't make this mistake often anymore but when I do it burns my gut.

FA never measures up to TA. By the way, WIND is trading at July '96 levels.



To: the hube who wrote (4532)4/2/1999 1:32:00 AM
From: lkj  Respond to of 10309
 
Gone with the WIND.