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


To: Alex Chun who wrote (14459)2/26/1999 12:02:00 AM
From: Alex Chun  Read Replies (1) | Respond to of 64865
 
Is anyone else concerned about a possible double top (head and shoulders) forming in SUNW?

-Alex



To: Alex Chun who wrote (14459)3/1/1999 11:52:00 AM
From: Alex Chun  Respond to of 64865
 
Well, I just pulled the plug and shorted 80% of my SUNW at 95 15/16. If SUNW goes up I will still make a little money, and if SUNW goes down -- the more likely short-term scenario, in my view -- I'll have protected myself adequately.

After Sun's recent runup I am keeping in mind the old adage, "Bulls make money, bears make money..."

Good luck to all.

-Alex