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Technology Stocks : All About Sun Microsystems

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To: Alok Sinha who wrote (17518)7/1/1999 4:44:00 PM
From: Haim R. Branisteanu   of 64865
 
Alok, we are now in a blow off stage see my posts regarding the VIX and P/C ratio on the Kahuna tread. I think I will comment on the Chicken page also this weekend.

Closed my SUQGN at 1 1/4 this morning. Not bad for rolling the dice <GG>
Closed out all my open put position (sold put option) today for a nice profit.

Will wait to go short lower strikes like SUQGM. SUNW was weak today, as was CSCO.

By next week I anticipate some more down draft. Treasuries are still around 6% this market reminds me of 1987 wen there was also a disconnect.

BWDIK
Haim
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