Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.17

+0.2%

Jan 12 4:00 PM EST

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To: Suresh who wrote (22789)	8/15/1999 3:53:00 PM
From: Clint E.	Read Replies (2) of 69695

Hi Suresh. Thanks. Looking at intraday chart, RBAK & the company(cmtn, jnpr, brcd,,,) jumped during late Friday afternoon. What a thrill for those on board. During those moments, I was going in the opposite direction( sixflags.com )! I cannot find any specific news on these companies so I have to assume they are moving in sympathy with CSCO's earnings(promise of continued spending in the broadband Access market) and improved interest rates sentiment. I am sure some short covering has been kicking in as well. I think a "trading short" in these stocks is in order by the time CPI is released. FYI: NDB didn't have RHAT shares to short. I asked them on Friday morning. Clint

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