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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: sidney-8 who wrote (58267)7/24/2000 11:45:41 PM
From: UnBelievable  Read Replies (2) of 122087
 
DIGL JNPR PWER AETH

Closed DIGL at 105. Shorted at 118. Left a little but this one I don't like to try to hard for the last dollar. Been there, done that, it took 3 days to get back to a point where I could cover it.

Opened JNPR at 161 and then covered at 155 1/2. Shorted again at 157 11/16, that position still open. Will cover at first sign of strength. Considered closing end of day but since we closed so close to the bottom I think there is a good chance for a bit more before we reverse. Thanks for bringing JNPR to my attention.

Hit PWER at 134 1/2 covered at 132 1/4. I had not done as much review of PWER and figured I should quit while I was ahead.

Closed some ITWO I shorted Friday. Did a few other opportunistic trades all but one worked out and got covered. Shorted FLEX and it went against me 1 point during the day and the MM pushed it up another point at the close. The extra point run up pissed me off or I would have taken the loss and closed. I guess I'll find out if I made a mistake.

Will be looking for DIGL to reverse Tuesday and will probably go long when it does. While I have concerns about the investment valuation in terms of a long term investment it has tended to rebound off of lows fairly strongly. If JNPR looks like it is going to reverse I'll probably try that up as well.

My only concern about JNPR is that it has clearly broken down from the bottom trend line. Sometimes when this happens I've seen stocks sell off to a new level.

It is hard enough trading this market real time. I have never seen such volatility. You must be doing something right if you are making money trading daily.

I've just started my prep for Tuesday. (Family time in the evening). I'll take a look at JDSU. I'll let you know if I come up with anything new. AETH announces earnings before the bell and I'll be watching it. It was down 14 1/8 today but I never managed to find an entry point I was comfortable with. It is such a volatile stock that it could do that and more Tuesday or reverse and make most of it up.

Good Trading
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