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


To: cfimx who wrote (45503)9/22/2001 9:59:16 PM
From: Kevin Rose  Respond to of 64865
 
Unfortunately, there will ALWAYS be some magazine to print that headline, all the way down to 0. Let's hope one of them is right before that point <g>

The best guess I heard was that there will be one final capitulatory drop, to around 8000 Dow, as the final 'wash out'. But that might change if there is some definite move on the political front; a 'relief rally' around the event. Talk has it that the early morning runup on Friday was in response to the rumor of an American strike. I personally don't think we'll move that quick, unless covertly. But, other events could be the spark; legislature, troop movements, etc.

Remember, the shorts are scared, too; once the relief rally starts, it could take us up to 9000-9500. You could lose some serious change if you were short such a rally. The 400+ up move on Friday happened over a 15 minute period. Heck, I spend more time than that in the little boys room...