Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (9889)	9/20/2001 12:57:48 PM
From: Jibacoa	Read Replies (2) of 13094

<<We could have the setup for an Island Reversal...>> Jim: You may me right, but I would like to see more evidence of a turnaround, in the mean time I prefer to stay on 75% cash, even if I will have to pay higher prices latter.<g> Albeit I didn't resist the temptation of buying some CIEN yesterday around 11.15 How does it look to you ? Do you think it is going to need more "base building" ? I would be satisfied if it can close the Aug.15-Aug,16 down-gap somewhere between the 28 and 19 level.<g> Their last reported sales almost doubled,however the earnings fell 85% to $8.2 million, but they remained on the black ink and it included a $45.9 million in-process R&D charge. siliconinvestor.com siliconinvestor.com siliconinvestor.com The news yesterday were optimistic. biz.yahoo.com RAGL Bernard

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