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To: mishedlo who wrote (8141)12/27/2000 7:43:34 PM
From: JRI  Read Replies (2) | Respond to of 13572
 
Misheldo- I am long CIEN and EMC right now...think CIEN is way overvalued, but looking for further upside until mid/upper 80's (and then short again)..

EMC has been extremely consistent in its sell-off since Sept....if the counter-trend rally pattern holds, it should get to mid-70's at least...

Any advice on those two? Support/resistence levels? I got attracted to them yesterday due to their consistent patterns after strong sell-offs, and consistent comebacks from oversold levels. I don't intend to hold either over weekend, and I may dump if tomorrow is big up open..