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

To: JRI who wrote (39084)	12/22/2000 2:59:13 PM
From: Lee Lichterman III	Respond to of 42787

I usually am <ggg> You should be OK longer term, I still think we retest or break the lows in a week or two and a 20%$ gain in one day doesn't look rational. Good Luck Lee

To: JRI who wrote (39084)	12/22/2000 3:31:36 PM
From: Rashid Garuba	Respond to of 42787

JRI, Please forgive me for interrupting but I read this thread often and gai a lot from it.. I couldn't resist posting.. my 2 cents... Regardless of how bearish the environment actually is, even considering SO's great skill, if you Look at a NAZ and CIEN and ANY other tech stock, you will see that since NAZ hit 3k it has been 7 days in a row down to 2300. We had an up day yesterday, although modest. CIEN has tumbled from 120 to where it is with no break. Even in severe downtrends, there are very strong bounces and CIEN is quite overdue. If CIEN were a dot.com with ZERO fundamentals I would say fine. But better to short bounces once they lose momentum. No position in CIEN. Not a carreer long either. I can take the necessary scolding.. Good Luck Rashid