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


To: Oak Tree who wrote (32202)5/8/2001 8:40:31 PM
From: Lachesis Atropos  Read Replies (1) | Respond to of 68284
 
Oak Tree take care with EXTR, it is very difficult to get in and out at a good price.

I think it could still swing up 30% before or just after the Fed meeting. Look at its history, a 10 point swing up or down in a day is not unusual.

Lachesis



To: Oak Tree who wrote (32202)5/9/2001 12:45:59 AM
From: Johnny Canuck  Respond to of 68284
 
Hi Oak Tree,

I normally wait for my index model to tell me the odds are on my side for a down day. My model had an indeterminate reading on the COMPX and SOX today. It has a chance of going either way. Most people were waiting for CSCO earnings. The list was simply a scan to find candidates for the appropriate time.

I have actually been away for a about 2 weeks and missed a lot of conference calls. I need to catch up in order to build a more integrate view on where the companies see the various sectors going before taking anything more than small trading positions.

For me it pays to know enough fundamental analysis so that you understand why you are long or short a company.

I am not a nature short. It is something I am still working on as new skills are required for the current trading environment.



To: Oak Tree who wrote (32202)5/11/2001 2:08:59 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68284
 
Your SONS and EXTR short are looking good so far.

**********************

13:53 ET Juniper Networks (JNPR) 54.15 +0,54 (+1%): Incorrect information making the rounds that JNPR will not be at the CIBC Telecommunications Investor Conference on June 11/13. Companies CFO has backed out but JNPR will be represented at the conference.




13:15 ET Sonus Networks (SONS) 28.10 -1.19: Stock under pressure over the past hour; many rumors and some facts hitting the issue. As we noted yesterday, Sonus customer Broadband Office, a privately held company, filed for Ch. 11, and now there are rumors of trouble at another privately held SONS customer (though the name we're hearing just closed a financing round 3 months ago). Also hearing some talk that the company will soon file for a secondary offering.