Dear Addi,
Re:I usually tend to just ignore posts such as yours, however since you truly have given me great laughter over your past few (somewhat childish) posts, and I could not resist!
You are quite right. I must apologize for the laughter. My friends on the SUNW totalitarian thread have been extremely kind and warm-hearted towards me over the past week. As SUNW approached 80 the thread was all the more gracious. Therefore Addi, my fair weathered friend, I will make an extra effort to behave myself during this time of great pain and bewilderment for you amateurs. BTW: that is the correct spelling.
Anyway perhaps I can offer you guys my analysis of the situation:
First of all, what you got here is a case of more sellers than buyers. That is what is causing the downward pressure. When will it stop? Well it is always tough to say, but I think you will have some support at 68. But if it drops below 68, then I think it will fall rapidly to 58. But I can't guarantee 58 will hold. After all, stocks can and do go to zero, so be careful.
Anyway, I hope that helps. Hang in there guys. Things will get better someday.
FWIW: I will try to limit my posts. I somehow think you can take your lumps just like me, but some of your colleagues might have a nervous breakdown, and I wouldn't want that.
Your friend Dale. |
