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

To: TA Trader who wrote (5589)	12/14/2000 9:35:24 AM
From: Softechie	Respond to of 19219

For the record, I'm shorting fiber optics. Here are my 5 favorites: SCMR RBAK JNPR BRCD CIEN. I believe they have much more downside than upside in 2001.

To: TA Trader who wrote (5589)	12/14/2000 9:22:28 PM
From: JRI	Respond to of 19219

Didn't we gap up from 2615 the 1st time ("Greenspan speech day")...if so, how does that compare with Fibo retracement 78.6% at 2631...I am concerned if we break the 2631...that we need to go to 2523 or this is the BIG KAHUNA.....however, if we bounce off of 2631, and never see 2615, I'll miss the move (and we won't fill the gap).. What to do and where to buy? (Which stocks do like in particular in a Naz bounce?) Wait until 2615 or buy at 2631 and be happy? (If we do cover 2615, that's all gaps right, and up?). tia