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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: sidney-8 who wrote (58244)	7/23/2000 6:35:26 PM
From: UnBelievable	Read Replies (1) \| Respond to of 122087

JNPR Looks Very Interesting It seems to be sitting on its bottom trend line and just a little bit above the 13 SMA. I will be looking for it take out some of that support before opening a position. My concern would be if it got any kind of an updraft from a positive market it could bounce back up and put in a double top. There are, however, rumors that an acquisition of EXTR may be announced this coming week and I would expect that to put downward pressure on the stock. DIGL seems very close to a top. I would recommend you follow it a little before opening your position. There are times when there is little volume and the MM can pretty much move the price as desired. It requires fairly close attention because when it moves it moves fast. Using a stop loss can be expensive because it is not unusual to get a fill 3 or 4 points off the trigger. In addition it seems like every major move begins with a head fake just to take out the triggers. You know Sh!t floats, I would be careful shorting DIGL if the overall market direction is up. It seems like we may be close to putting in an interim market top. If that in fact happens everything get just a little easier. Swimming against the tide takes it toll on almost every short. I'm beginning to learn that the difference between a very profitable trade and a marginally profitable one often times is just a little bit of patience. Hopefully I'll be able to put into practice what I know.<gg>