Could be. 60 +/- was good enough for me; I bought more. Perhaps I'm leaving money on the table, or perhaps I'm an outright fool, but only time will tell.
Two things I found significant this week were the low volume and options expiration.
There's so much concern (and press coverage) about: Russia, Inflation (a few weeks ago people were worrying about _deflation!_), Interest rates and the Fed, Y2K, Summer doldrums, Kosovo, Asia, Europe, China, overvaluation of Internet stocks, (specific to SUNW) Wintel, etc. that I can't help thinking we're near a local minimum.
JMHO, and not investment advice (or any other kind of advice, for that matter!). |