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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Sojourner Smith who wrote (119223)	12/15/2000 12:30:26 PM
From: Jenna	Read Replies (4) \| Respond to of 120523

RBAK was called short on December 14, these were just confirmation of continuing short positions. We have price targets for short plays and follow both intraday and daily chart support/resistance levels.. We did have a few long triggers today. marketgems.com 7> RBAK - Redback Networks Price = 83 9/16 RBAK retreated and on a reversal to the upside it will trigger at 85 1/2. RBAK found support at the 20 period moving average of 80. If it drops below 80 it will once again be a short trigger. Ciena to Buy Cyras? That rumor might move RBAK down even more on Thursday, or it could recover.