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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject12/21/2000 4:55:55 PM
From: the-phoenix   of 100058
 
SUNW looks too good to pass up here for at least a technical bounce. Did not make a new low today, and printed a doji candlestick on the daily chart. During its 2-month decline it has usually been good for at least 2 up days after holding its lows for a day. Bought Jan 35 calls for a buck a pop.

CSCO looked good today, apparently reversing at a key long-term fibonacci level at 35. I might pick up a few calls on that tomorrow, if this bottom holds.

Enjoying watching that d*mn RIMM continue to puke, even tho not short it anymore. It owes me, but I will be back for it later. :^)

Phoenix
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