P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: orkrious who wrote (3247)	7/9/2002 8:02:40 PM
From: Jeff	Read Replies (1) of 30712

thats true with all these painted bounces....i don't bother with them either... but the next bottom area is a good bottom on the retrace....and those can be played because theres only a few of those left.... so why not cover there and find a few longs to 1400....the right stocks could get you a double....by that i mean like a cheap one under 5 that might get a blow-out low and nice run back to over 5.....for that type play i'll watch JNPR and CIEN at the 1150-1200 range.....might get one of them in the high 2's and ramp back to near 5....just something i'll be watching for near that next bottom..... heck...might get INTC around 12 for a ramp back to 19-20...you never know....or CSCO near under 10 and back to 14-15.....ORCL near 5 and back to 9...... there will be plays down there.....then you can short them again to 1000....

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