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To: pater tenebrarum who wrote (42943)12/1/2000 1:32:31 PM
From: UnBelievable  Read Replies (2) | Respond to of 436258
 
Take A Walk On The Wild Side

JNPR, after almost a three day hike from 105 is coming up to 140, Mondays open and high. It appears to be a bit tired from its hike and has other resistance at 140 to 142.50.

If it doesn't just leap over these points with the first spooz jamb, it may be forced to rest.

With JNPR though, there is no rest for the wicked. When it stops going up, it goes down, fast.

At the point it begins to become clear that it will not be able to go further go have a cup of tea. If when you return it has still not progressed you might want to consider a speculative short position.

If this set up works I would be inclined to close it by the end of the day.

With JNPR there are the quick and the red.



To: pater tenebrarum who wrote (42943)12/1/2000 1:33:24 PM
From: Perspective  Read Replies (1) | Respond to of 436258
 
NDX now up 10% off yesterday's low. Sharp moves in the kinkiest of stocks, those with sizable short interest, and pretty dull volume considering the percentage gains.

Sure smells like bear market rally to me...

BC