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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: dave turliku who wrote (16316)	6/3/1999 12:03:00 AM
From: P314159d	Respond to of 21342

Positives = MACD on daily and Stoch ( with a little more room Slow stoch = 49, w/ 80 overbought), Weekly chart is saved this week with a solid close above 7.5 preferred. Market has retested for several days and held near term support. Negative= hourly reversal first half-hour and Break of BB both hourly and daily. I am out of WSTL ( for margin reasons, at 7 5/8 today, that BB break). But may buy the open with the market, I want to see if we gap down to 7 and hold ( and save a grand).. May wind up buying late on the upswing toward 8. Market remains sketchy and it always loves to sell a number and Friday is that number. Tomorrow I hope for some technical buying. Longer term, like beyond the next week or so, I would get short if the weekly breaks down, but we can clear 8 easy and save that thought for later. I'd say the technical breakout is a CLOSE of 7 7/8 ths at or near the high of a trading day, rather than the MACD or STOCH which broke positive over the last two days. That is why I wait for tomorrow's opening move ( and I won't cry if I miss it)

To: dave turliku who wrote (16316)	6/3/1999 1:19:00 AM
From: Trey McAtee	Read Replies (1) \| Respond to of 21342

dave-- no its ok... i am just about out of cash. ya'll can start driving prices back up anytime<G>. otherwise, i am actually going to have to start buying on margin. i am tired of things getting cheaper... its fun for a couple of weeks, now its just getting boring. seriously, i am irritated by all the rate talks. however, they are providing us the opportunity to pick up growth at bargain basement prices. its like everyone seems to have forgotten that nothing goes in one direction forever. good luck to all, trey