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Technology Stocks : All About Sun Microsystems
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To: JDN who wrote (17388)6/26/1999 4:42:00 PM
From: Marvin Mansky   of 64865
 
You may be right JDN. Short interest is very high which is a bullish indicator. If we rally after Wednesday it will be a relief rally and will not be sustained in my opinion. Why? bonds will be a better place to hold money. Yields are higher and bonds are much safer. I think stocks will suffer despite few pre-announcements of missing quarter earnings.

I have changed to a near-term bearish stance.
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