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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (288)	1/1/2001 1:14:45 PM
From: Jenna	Read Replies (3) \| Respond to of 6445

RBAK one of our favorite shorts called again on 12/14 below 81 as it closes on December 29 at 41. Many of our short plays from that time frame have soared. Now that earnings season is upon us what will happen with stocks like RBAK? RBAK's earnings are the 17th.. RBAK might rally a bit but I wouldn't be caught in this one long except for a possible day trade. The beauty is that in February when the coast is clear and everyone has dumped RBAK and we can see the earnings report, than MAYBE a few institutions will show an interest. Those that thought RBAK, JNPR, EPNY and IWOV hit bottoms during the week through November 17 were burned with the entire group. December 14 Watch List Called SHORT marketgems.com 4> RBAK Redback Networks Inc Price = 83 Will be a short below 81 towards its pivot point of 77 1/2 and next support level of 61 the 4 week low.