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

To: fuzzymath who wrote (32724)	6/10/2000 10:18:00 AM
From: Sonki	Respond to of 64865

currently, it seems ever thing is sitting at a resiance. I jumped in at 84 when i saw we were not going to 82.x. Instead of selling at 90 (trading positon ofcourse), i have done cc (cover call). I am hoping that it take off again after option expiration. Mean while it was surprising to see lots of buyers even an 89.xxx. Kind of wondering who would be buying at 89.xxx? So if we push thru 90 we could see lots of people buying bak their calls. Erning is coming up in july but lots open intrest at 90. Also naz has to over come near term resistance. When naz goes up sunw wil fly but if naz goes down sunw will sink more then naz. Works both ways.