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Strategies & Market Trends : Bottom (and Top) Pickers, Unite! -- Ignore unavailable to you. Want to Upgrade?

To: Teresa Lo who wrote (126)	1/19/2001 12:17:12 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 214

SUNW broke the intraday channel it started from Jan 9th, which is very negative and I agree $30 is quite important. As to the daily triangle and resistance lines IMHO it is important that SUNW should close around present levels of $31. The $33 to 34 barrier got even more formidable and and I think a lot of overhand is now resting there. Moving above that barrier IMHO will start a new bull move in this stock. Interesting that IBM is still running higher, SUNW may need to wait another quarter. Haim