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Technology Stocks : All About Sun Microsystems
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To: Fortinwit who wrote (12290)12/2/1998 2:29:00 AM
From: Augustus Gloop  Read Replies (1) of 64865
 
Here is Dorsey Wrights View:

11/18/98
[SUNW] Sun Microsystems Inc ($66.688) broke a double top at $67.00. This computer stock has really come back nicely with a series of higher highs and higher lows. The RS chart is in X's too. Okay to buy SUNW with the optimum buy point being a pullback to the 63 area. On the downside, the first sell signal would come at 59 and can use that a stop/hedge point for those with nice profits.

The buy point here is now in question but the sell and support are not.
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