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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: cyanideinvestor who wrote (14359)4/3/2001 9:44:35 AM
From: KevinThompson  Read Replies (3) | Respond to of 37746
 
CIEN falling hard. Maybe nothing to hold it up as it approaches a year long low.

KT



To: cyanideinvestor who wrote (14359)4/3/2001 9:45:48 AM
From: velociraptor_  Respond to of 37746
 
Most likely a bounce and continue lower. I am watching for some type of possible temporary bottom for today. There is a major turn date on April 6 that falls under weekly turns and it is hard to see that as a turn for up considering elliot wave patterns, chart patterns, economy, etc. Thus, It would not surprise me to see a minor uptrend into the end of the week sometime soon. Today should have some good down side, but there is also a large hourly turn today later in the afternoon so we'll have to see how it pans out.