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Strategies & Market Trends : Sharck Soup

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To: Devin123 who wrote (18550)	4/25/2001 10:54:37 PM
From: Devin123	Read Replies (2) of 37746

Futures mildly negative at this point. Warning by QCOM seems to have caused quite a selloff of many techs afterhours. Tomorrow will open down IMO. Now all we need is some big bad news prior to open and we'll go below 2000 this time. What a frickin' joke the downgrade on JNPR, CIEN, et al was today. They get a whole bunch of folks to ss them, then they created quite the short squeeze!! I shorted during the runup on JNPR around 57.25. Europe didn't have as positive day as we did, and now I'm expecting weaker markets tomorrow. My call from yest. on IONA has been trading like a roller coaster. Today's end of day rally was on very lite volume and I see this one going down to test 30-31 region again. GMST from the other day did not behave as well but still has sell signals attached and I still see downside there. Has had problems passing 40 definitively and if it can fall below 37.5 on downside I think it'll drop to test 33-34 range initially. AAPL still looks good for longterm long play but not real volatile and I didn't play it at all today. I think it's building steam to bust into the 30's. Good luck tomorrow. Hope to be around more then.

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