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Technology Stocks : Juniper Networks - JNPR -- Ignore unavailable to you. Want to Upgrade?


To: TARADO96 who wrote (1555)9/8/2000 1:05:50 AM
From: Jon Khymn  Read Replies (1) | Respond to of 3350
 
Why did you pick March 2001? Any reason?

While we wait for perfect time to short, I've decided to try "automatic trade" on JNPR.

Still holding 210 short but covered 220 short at 210. Will short again if I see 220, 230, 240.... I've learned this simple 'automatic' trading from another SI member, 'tsunami'.

No emotion involved. 10 points up, short, 10 points down, cover. I think JNPR is a good candidate to play this. I'm playing this from the short side, but if you think the stock will continue to rise, it can be done from the long side.

Plan to do this trading in price range of 150 - 300.
Let's see how much will be made or lost by next March. <g>