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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (32042)	4/19/2001 8:10:02 PM
From: Suresh	Read Replies (1) \| Respond to of 70561

Jim, I am on the sideline itching to short... After hours action is really exciting if one was long. Unfortunately I sold my longs very long time ago (for this rally). Just looking back.. I had JNPR Apr 35 calls which were purchased on its trip to the lows sold so early... it is embarassing to look at where I sold the option and where it is trading at present. Are we in for another bubble ? If this continues any longer why not ? Later, Suresh

To: j g cordes who wrote (32042)	4/19/2001 8:21:40 PM
From: mattie	Respond to of 70561

I agree this surge has to end soon. But I think there are some small stocks that need to catch up to the AMCC's and JNPR's and the like. I think there is still time to play these.

To: j g cordes who wrote (32042)	4/19/2001 9:35:54 PM
From: j g cordes	Read Replies (1) \| Respond to of 70561

"Down tomorrow" is only a statisical comment, not that stocks don't have further to climb in the future. They obviously do with favorable interest rates and recovery out of the dot.com bubble induced selloff/tech-recession. For the averages to put on a 10th day is unusual. As for stocks catching up to AMCC's run, more likely AMCC and JNPR will back off a little while other's move up some.. but I don't think over the next weeks all the laggards are going to move 120% especially if the momentum slows. Anyway its a great rally and like you I am looking to the upside (with a few short term put plays).