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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: TREND1 who wrote (23881)1/22/2002 11:50:39 PM
From: ajtj99  Read Replies (3) of 99280
 
Larry, we're pretty oversold, JNPR's chart is nearly cratered on the indicators, and there is nothing between 16 and 19 on JNPR. Furthermore, JNPR is below the lower BB. If it rises above it, it should go to the middle band at 19 or so.

These are just a few of the the reasons it's attractive to me. I've drawn the lines on it, and there is really not much downside on JNPR over then next week if it follows the general market on a bounce.
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