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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: y2kate who wrote (4884)	10/11/2000 2:46:09 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Kate, there is a big closing gap on BRCM to be filled on june 28-29 188 - 204.75. However, I would wait to short or buy puts on BRCM into strength on a rally back to 217-219 area for the ride back down to 190. Puts are at a very high premium right now... I would stay away from JNPR on the short or put side as it has acted very strong on back to back weak days. Any weakness in this stock will bounce back up so quick on an intraday your paper gains will quickly turn into a loss. I would not feel very comfortable on the short side of JNPR- even in spite of its chart pattern.. Best Regards, J.T.