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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (28375)	9/22/2000 12:24:16 PM
From: shasta23	Respond to of 70169

Short JNPR at 215 1/4. Never shorted a monster like this but i also think that this is NOT just a one day thingy. A major player anounced problems. THat should be felt longer than just a morning imho. Minimum should be a retest of the morning low. Im Pretty sure that the bulls will want to defend the 3550 to 3600 level because if that breaks we know that a retest of the 3k is quiet likely. Stefan

To: Clint E. who wrote (28375)	9/22/2000 12:49:39 PM
From: mattie	Read Replies (3) \| Respond to of 70169

I am buying - covering shorts on QQQ, SPY, DIA. I see lots of support here on the indexes. If we hold on to these lows from this AM we have higher lows on the COMP and a double bottom at support 3600 (with the higher low at 3616). May be too early - but I am encouraged. I was bearish earlier because there was too much bullishness reflected in VIX and put/call ratio etc. That has corrected and there are many bears...could be time to jump to the other side for a trade.