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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (114757)10/5/2000 5:54:29 PM
From: Jenna  Read Replies (2) of 120523
 
JNPR, BRCM, AVNX, GSPN.. well these blimps did make good shorts and have been except for the brief "wednesday bear rally".. You think we stayed short? Not in your life. We might be a little premature but we are expecting long plays in all of these tomorrow.. at least for a good gain until they get rousted again. To determine that you can't short these blimps because of some 'holy sanctity' they having survived into the triple digits is absurd. The nice thing about these are the call options you can short every one of them in the price it would cost to buy 1,000 shares of LSCC or a comparable stock... If you add up the gains in option points for 10 puts in each, the result was mind boggling. So rest assured gang, traders are cashing in BIG TIME going short on this blimps lately and will do once again.. And we will go long on a rally,just like anyone else. WE called a cover on JNPR when it called "uncle" and it just looks to be a nice long maybe at least for one reversal period on Friday.
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