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Strategies & Market Trends : Z Best Place to Talk Stocks
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To: David Fitz who wrote (13399)2/12/1998 1:20:00 PM
From: DanZ  Read Replies (2) of 53068
 
SUNW.

David,

Sun gapped below the middle daily bollinger band today and has downside risk to 40. I wouldn't buy it right now (the stock is currently trading at 44 1/4). If you already own the stock, I would hold it as long as you can accept the downside risk to 40. I would buy it near 40, either as an initial purchase, or as an addition to an existing position.

Dan
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