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

To: Charles Tutt who wrote (36098)	10/4/2000 11:59:27 AM
From: fuzzymath	Respond to of 64865

SUNW's chart clearly warned of a possible near-term dip: siliconinvestor.com The steady rise in August on decreasing volume suggested waning buying interest at higher prices. Finally, you had a significant upturn in volume as September's downtrend began. And the high volume continued as the stock churned through the rest of the month. Now we have a sudden big drop on much increased volume -- again, a bad short-term sign. This has no effect on long-term investors, for whom this is just a surprise buying opportunity. But short-term investors has adequate warning from the price/volume trends that "the market" considered SUNW overpriced at 130. Kevin/fuzzymath