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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (58466)8/25/2000 8:44:26 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
Have weak sell signal on Dow/NYSE due to nonconfirm of high in index with advance/decline and high/low. A/D oscillator had turned negative after peaking a week ago. This coincides with my database signal ratio which has gone from 74 percent sells on Friday to 64 percent as the general market has been selling off.



To: Les H who wrote (58466)8/25/2000 9:36:44 AM
From: Techplayer  Read Replies (1) | Respond to of 99985
 
Les, Both Ciena and SCMR have deals with Williams in different parts of the networks. I did hear a rumor that they were beaten by Ciena in the piece that Ciena got. Projections for next year are for better than 500-600 million in revenues. I see them as extremely expensive but impressive since they have been in existence since 4/98 or so and are on a torrid growth pace. Can you name another company that is 2.5 years old and on such a revenue pace? At present, I can't. JNPR and RBAK are older. also, I wish that I had taken a short position yesterday to play the sell the news game. tp