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Technology Stocks : All About Sun Microsystems

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To: Judy who wrote (11881)	11/22/1998 11:55:00 PM
From: Riskmgmt	Read Replies (1) of 64865

Hi Judy: I don't necessarily believe that the long term uptrend will reverse itself on SUNW. I do believe it will pull back. I base this on the fact that it has in the past. Usually after a big run up such as this one it retraces back down. It is also hitting the upper BB and the RSI hit 80 and turned down, another sign of a top in the past. askresearch.com. Of course I realize the same could be said of many tech stocks that just keep charging on. Maybe it really is different this time. I don't know what the P&F chart says, perhaps you do? regards, Ray

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