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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (76)10/24/2000 10:25:01 PM
From: Jenna  Read Replies (2) | Respond to of 6445
 
Buy your "Lemons" tomorrow, a "one day only" bargain.. redeem this coupon and for $20 off you can get xxxxx stock.
Do you trust these ads in your department stores? So why should you trust those that 'pound the table' on bargains???? or those stuck in stocks hoping everyone will join the sinking boat. But it will only capsize if too many people get on board. Too many 'short term traders' get aboard these stocks after a 'sell-off' crowding it into a false 'demand' for the stock.. and supply gets cut off for a while.

Then those in the stock who are only trading (probably a good deal) get off the boat in droves BEFORE the boat begins to capsize realizing their gains. Result ----> there is now no demand in the stock------> the stock has an oversupply after these traders got out-----> too much supply and too little demand -----> sinking stock.. You have your triangle formations, your bearish flag rallies and lo and behold your 'bargain' was just another false alarm.

The "Panic" sell off is not manipulated it is an honest reaction to companies that are showing their multiples or earnings upgrades made by analysts were not based in realism. The Panic is the realism.. We can get bargains? What about those that are holding tech stocks for the last 8 weeks? or have bought them this week AFTER a 2 day rally buying high of course and sell low themselves? What kind of bargain gets even cheaper after you buy it? I don't call that a bargain I call that a "LEMON"... Traders trade bargains and make money, investors are either stuck in Edsels.. or later investors have bought "lemons".. that is the reality.

I posted I thought a 'real' price of JDSU should be around 69.. I just posted that last night and it looks like by tomorrow morning JDSU could then be 69 at the end of the storm. Maybe.... maybe it will be a little bargain to pick up some call optons for another 'pipe dream' rally where we will be getting out after another 'rally'..



To: Jenna who wrote (76)10/25/2000 9:00:21 AM
From: Jenna  Read Replies (1) | Respond to of 6445
 
Down...Down..... Blimps. MIPS on Chase Hambrecht & Quist Focus List.. Keep your puts through the first reversal period (up to 10:00) but watch them afterwards, especially CIEN, JDSU and MUSE. AMCC might have some more downside JNPR looking for more puts or short as its taken off Chase Hambrecht & Quist Focus List (way to go HMQT!)