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Politics : High Tolerance Plasticity

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To: jim_p who wrote (15201)7/17/2002 4:52:52 PM
From: Warpfactor  Read Replies (1) of 23153
 
Yup! My tech port took a breather as well.

Decided it was a good time to cut loose JNPR. I got one slug of that stock at 5.15, now JNPR is over 9.

I've also noticed that in our current environment of "shoot first, ask questions later", is seems to be acceptable to buy bad news. I've noticed this with AMGN on Monday, PHTN yesterday. I am hoping that RFMD will similarly ramp up tomorrow after announcing earnings or visibility that the street didn't care for. The 20% swing today was tough to swallow. Under normal circumstances, I would cut a stock on this type of behavior.
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