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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Dave Gore who wrote (2003)1/17/2001 12:16:20 PM
From: Jenna  Read Replies (3) of 6445
 
JNPR just shorted the stock earlier. and CCMP at 57 5/16. At this point I am looking for more breakouts of earlier buy triggers at the 2:00 reversal period. Not much in a shorting mood for the techs, there is time. We are in the doldrums, I would only short the sector that is obviously failing like the BBH puts or CIMA, IDPH which we called short earlier also. No need to rush in on a sector that has money flowing into it to short it but rather take an overbought sector like biotechs with 6 consecutive days of upside or 5 1/4 actually since they all moved lower at the end of the first reversal period.
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