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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 (2357)1/19/2001 10:17:27 AM
From: Jenna  Read Replies (3) | Respond to of 6445
 
CIEN ---> short ---> back in BBH puts. IDPH sell off in the morning is short bait at 58. I expect CIEN to have support a bit at 100 than drop possibly even as low as 80 before it rebounds for earnings. If JNPR can do it, CIEN can also. If CIEN drops below 100 on 5 minute chart could be a continuing short possibly through 11:30 - doldrums. If CIEN doesn't drop below 100 it will recover. Like the long side in february calls already.


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