CANSLIM - COAST TO COAST Message Board

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Strategies & Market Trends : CANSLIM - COAST TO COAST

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To: Bruce A. Brotnov who wrote (5629)	11/30/1999 10:13:00 AM
From: Feraldo	Read Replies (1) of 6445

Well Bruce, what do you think about me shorting QCOM and JDSU? I'm already up on JDSU. I have stop orders in, so I won't get killed unless there is an intraday gap. JDSU is dropping like a rock. They had officially topped two trading days ago, because of the gap on weak volume. Then volume increases nicely on the way down. QCOM is more hoping the market drops than anything right now. They do look kind of toppy, though. Volume is weak so far today. NASDAQ is dropping, and the volume yesterday makes the NASDAQ look kind of toppy itself. But then again, we all know how good I am at calling a market top. Either way I don't want all my money long and I don't want all my money short, so I am about half and half. Have fun feraldo

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