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Technology Stocks : All About Sun Microsystems

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To: JDN who wrote (32889)	7/13/2000 9:01:43 AM
From: fuzzymath	Read Replies (1) of 64865

JDN, now let's see who was right (if either of us!). On June 17 I said the price / volume recent action combined with my models suggested we might be ready for another 10% correction. Well, that didn't quite happen. The dip from the 6/15 NYSE peak was a puny 3% or so at its worst. You said after July 4 both volume and price would pick up. Well, we have had a small rally since then, but volume hasn't been much different from what it was in June. So--I'd say neither of us did a great job of prognostication. Now for the important point: did we make any money? I hopped into BEA Systems (BEAS) for some if its very nice recent rise. Aside from that, my picks just flailed around aimlessly. By the way, my models are again wondering where we'll go from here. The NYSE Index is again near the 665 ceiling that has been a blockade for the past two years. More than 10 times the NYSE has approached 665, only to fall back. Happy investing! Kevin

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