Juniper Networks - JNPR Message Board

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Technology Stocks : Juniper Networks - JNPR

JNPR 39.95

0.0%

Jul 2 5:00 PM EST

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To: Bruce Brown who wrote (1983)	12/7/2000 5:55:33 PM
From: Spytrdr	Read Replies (2) of 3350

i won't short it because i will be traveling during december starting monday and cannot follow it too closely, but it looks ripe. these past few days were just a reaction rally to resistance, the inability to surpass it will confirm the downtrend and then the vultures will come out in full force. unless you want to see whatever gains you have evaporate, i suggest you put a protective stop near the current price. if it keeps going up (very unlikely, ridiculous valuation, and i don't think it will surpass +- $ 170) you'll keep participating, if it doesn't, you're out automatically like a champ and watch the bloodbath from the sidelines. charts always prevail. if there's no trigger event in the horizon right now, they always appear seemingly out of nowhere when you least expect it, either a real event, or a fabricated one (bogus analysts' comments, etc etc).

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