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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: rfisher who wrote (31838)5/11/2000 4:13:00 PM
From: Hobie1Kenobe  Read Replies (2) | Respond to of 64865
 
I'm not Steve, but there was a bit of position squaring ahead of tomorrow's PPI. Shorts don't want to lose the super gains they've made over the past several weeks at the hands of a tame PPI. SUNW was sure weak into the close.
JF3



To: rfisher who wrote (31838)5/11/2000 4:13:00 PM
From: Steve Lee  Read Replies (1) | Respond to of 64865
 
Nasdaq gained 50 pts and failed to break its intraday high. So really the rally failed at about 11:20 am.

I'm think Zeev's Thursday and Friday will be seen Friday and Monday. i.e. declining tomorrow and worse on Monday.

Did u cover your SUNW short, it got near to my ideal covering target range of 75-76