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

To: Steve Lee who wrote (45355)	9/18/2001 3:30:19 PM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

PPT? Charles Tutt (TM)

To: Steve Lee who wrote (45355)	9/18/2001 3:31:34 PM
From: High-Tech East	Respond to of 64865

FWIW ... I think there is a tendency, right now, for people to genuinely feel, in a psychological way, all of the negative economic and business news. When the small investor capitulates (and mutual funds are forced to sell millions and millions of equity shares), then we may be at or near the bottom. Lots of profit warnings due in the next two or three weeks, and equity markets are very fragile. My assessment is that we are very close to the final stage of this bear market, although who knows how long it will be after that for accumulation and movement upward to begin. I would not be surprised to see the S&P at 850-900 by mid October. That's my guess. Sorry to be so pessimistic, but that is how I see it. My S&P puts are saving me. Ken Wilson