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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?

To: Judy Muldawer who wrote (4839)	6/22/1999 9:40:00 PM
From: Bruce A. Brotnov	Respond to of 6445

Judy, I didn't see what SUNW did but I noticed several of the large caps were positive today (e.g. ADBE) that are on my watch list. I think we saw some MF buying on pull backs. SUND is a small cap that was slightly above its upper trading range and it needs to base a little, even back to $5 where it hit and finished above 5 1/2 as I recall. Small investors may have also taken some profits after its rapid run up last week. SPEC is an alternative choice that pulled back when SUND went forward and now they are reversed. Sellers will likely exceed buyers the next few days as the bears beat the table and yell the "sky is falling up, the sky is falling up" (interest rates that is) and a few earnings disappointments keep buyers cautious for the next couple of weeks. I'm holding some SUND and will likely add some more as soon as it shows me a little more basing action. Bruce