Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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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 (117316)	11/26/2000 11:57:19 PM
From: Jenna	Read Replies (1) of 120523

Shorting CIEN. Most traders have shorted CIEN prematurely only to have to eat crow on Friday or hold a short that is up 5 or 7 points. Earnings are out December 4, I would short CIEN *AFTER* this holiday week of Thanksgiving because the artificial pump up during Thanksgiving week can lead to a new move down in the stock the closer we get to earnings. If you want practice and an example, there is BRCD for this week. Watch the December puts and don't even have to get in the money for this one. If uncertain as to BRCD and/or CIEN puts wait for the outcome of BRCD and apply the results to CIEN.

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