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Strategies & Market Trends : Sharck Soup
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To: KevinThompson who wrote (19315)4/30/2001 12:34:33 PM
From: Ron Dior  Read Replies (2) of 37746
 
Thanks. I am actually watching CIEN closely right now tick for tick. It appears the battle between short and long is taking place in a big way. Money flow is positive but larger blocks are being sold. Also it is trading in a very tight range for this stock on a 70 point Nas move. It looks to break out, but I am uncertain on which side it will go. I think if the market runs at the end of day CIEN will easily run towards 60. If the market sells off we could see a drop to the high 40's again. This stock is not for the timid.

Ron Dior
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