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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum
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To: Jenna who wrote (5345)2/27/2001 1:12:56 AM
From: Jenna  Read Replies (1) of 6445
 
EXFO.. looks like a short into tomorrow a lot of traders are probably going to short EXFO, the 35 puts for March are about 3 1/8 by 3 3/8. Look for a move down to 30 at least. Wait however until we see a nasdaq downtrend established, we are short term overbought and if we drop below 2.280 we might have some short opportunities for a while.
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