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

To: J.T. who wrote (4886)10/11/2000 10:27:41 AM
From: y2kate  Read Replies (1) | Respond to of 19219
 
Thanks J.T.,
I think I'll just sit back and watch today- the waters are a bit too choppy for me...JNPR is very strong, but with that 600 pe, it seems that it should be taken down if this weakness turns into a real free for all. Do you have an opinion about this sell-off- how much of it can be chalked up to seasonal October weakness, or is it something more?

-Kate



To: J.T. who wrote (4886)10/11/2000 12:16:15 PM
From: J.T.  Respond to of 19219
 
BRCM hit intraday high of BRCM 220 1/4 and into our target...

Now at 216 13/16... I would look to cover if anyone took action...

I would wait to buy puts or short until 225+ with this bounce into tomorrow then another short or put opp into NDX 3,320....

Best Regards, J.T.


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