SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : All About Sun Microsystems
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: alan james geik who wrote (12905)12/23/1998 9:41:00 PM
From: Christopher  Read Replies (1) of 64865
 
SUNW is still in very good shape.
SUWN has broken above it latest high of 82.50 and has stayed above
it for last four days in a row, a very encouraging sign. It has not
broken its uptrend line that it started three months ago, another very
encouraing sign. They can downgrade it all they want, the chart tells
a different story. SUNW is still going up and discounting any downgrades!!? Who wants to argue with higher prices!! I sure don't.
SUNW is not showing any signs of topping out at all thus far. That
does not mean it won't happen since a stock can't go up forever. It just mean it has not happen yet. When it does, some retracement will
occur and they could be significant. When that happen then I will
let all the long know on this thread. Also, SUNW belongs the to S&P500 "Computer Hardware" Industry Group which is going straight up right now. Another encouraging signs that SUNW will also continue to go up. Meanwhile, let your profit run!!
I expect the DOW to test its old highs of 9450 very soon. I also
expect the DOW to go to a new high and may be reach 11450 and may
be more. The DOW however could turn down after it reach around
9450, but the likelihood of that happening is slim in my opinion.

Good trading,

Christopher
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News