SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Home on the range where the buffalo roam

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boplicity who wrote (12035)3/28/2001 2:44:53 PM
From: Jim Willie CB  Read Replies (2) of 13572
 
looks like CIEN is doing a textbook MA failure
the short cover rally was stalled by the 18day MA
right out of the textbook
could jump the gap from 60 to 70
now we will see if support holds in the 40's again
still say this puppy is toast, with 110 pe ratio

no, I didnt short it three weeks ago
and I didnt short it a few days ago at 60
but I thought of it
and I will take a gold star for that

nice curve ball with Consumer Confidence
my guess is yday's jump was nothing more than a bear trap reading
after more layoffs, confidence will slip further imo
/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext