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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: heehee1 who wrote (35819)11/17/2000 11:08:14 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
I've got a 120 downside target on JNPR, based on the size of the 60-point broadening top broken at 180. However, a broadening top is a major reversal pattern, so it's possible it could go lower. Or it could stop sooner, if the market decides the reason for the sell-off does not materialize (NOK stopped short of its downside target based on better-than-expected earnings). Of course, NOK and JNPR may eventually hit those downside targets anyway. How's that for giving you more than you asked for?