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


To: JDN who wrote (39930)1/3/2001 10:38:58 AM
From: Paul Allsing  Read Replies (2) | Respond to of 64865
 
> But, I still maintain at $25 its irresistible. <

Today's price action certainly indicates that your crystal ball was working clearly back on 12/31. I happened to be watching the tape as SUNW hit 25 even this morning and bounced strongly. My guess is queued limit orders consumed all selling pressure, and momo traders jumped on the reversal for a quick ride up. All quiet now. IMO A re-test and hold of 25 will set the stage for comfortable re-entry. ...and hopefully I'm not alone in this POV.

Still watching and waiting,
Paul