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


To: techtonicbull who wrote (38438)11/30/2000 1:09:57 PM
From: A.L. Reagan  Respond to of 64865
 
That puupy will turn on a dime and maybe today if we get the right volume

We are certainly due for a short-term technical bounce based on oversold oscillator, VIX @ 33, and all that good stuff.

The NAZty should find some level of support around here with sideline cash given we've been on the slippery slope of margin selling, fund redemptions, and piling-on shorts for the last several sessions; but not thinking that indicates a break from the intermediate-term multiple rationalization trend.

Bot the QQQ's @ 61.50 today for a S/T trade.

However, as Ken Wilson would say, this is all just my humble opinion, (and if I really knew what I was doing I wouldn't even be here!)



To: techtonicbull who wrote (38438)12/1/2000 12:28:54 AM
From: Yaacov  Read Replies (1) | Respond to of 64865
 
SUNW in the $60's....Not so fast!......
That puupy will turn on a dime and maybe today if we get the right volume ""

Hi Tech,

I admire your positive stroke! gg When I sold at 117 plus, you thought I have sold early. I have bought a few shares yesterday and I sincerely hope that your right this time!
What I am afraid is that there no catalysts, no good news to moves the volume, unless the money managers decide it is time to close the losses and buy back! I hear there is plenty of money waiting on the side-lines! I wonder how the futures look like?