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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who started this subject7/5/2001 1:36:16 PM
From: Sully-  Read Replies (1) of 65232
 
13:30 ET Juniper Networks (JNPR) 28.80 -2.47 (-7.8%): -- Update -- Technical -- Part of the networking sector that is getting hit hard today; flirting with a short term support at 28.80. Penetration leaves the door open to a retest of the low for the move (27.86). Next supports are at 27 and 26.30. First step to improving the very short term tone is a rebound through 29/29.50.

13:14 ET Nasdaq Composite : -- Technical -- After spending the last hour in a range near 2100 the index has edge to a new session low. Intraday takes a rebound back through 2103 to help improve the tone. A solid short term support comes into play in the 2085/2080 area.
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