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


To: QwikSand who wrote (32558)6/2/2000 6:18:00 AM
From: JDN  Respond to of 64865
 
Dear QS: I happen to agree the general market needs the right labor report but isnt it obvious to you (isnt to Wallberg) that the reason the Big Cap stocks are still below their resistance levels is because they dropped so much in the pullback. Rome wasnt built in a day. Takes time to overcome the technical damage but that doesnt mean it wont happen. The NAS dropped at least 34% (I think its 36%) from the high, when those opportunities come along its a good idea for the long term investor to at least NIBBLE on the market. My advice to everyone is to dollar cost average. Dont just buy when they are high. Especially stocks like EMC and SUNW which have high growth rates, when you can buy them at a deep discount from their highs you should get some so long as you feel the growth rates will maintain. JDN



To: QwikSand who wrote (32558)6/2/2000 7:37:00 AM
From: Charles Tutt  Read Replies (1) | Respond to of 64865
 
Did Walberg expect to make it all back in a couple of days? That's not very realistic, IMHO.