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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (16415)	5/23/2001 11:15:32 AM
From: Sabrejet	Respond to of 30051

I respect that opinion! I just don't think it's time to just go full steam ahead. The energy concerns on a global level, as well as certain commodities, has me a bit puzzled. With that said, as a trader, I can really give a hoots butt most of the time! Since my retirement is way down the avenue, my concerns are market swings. As far as the BTB, I was shocked it came in so low! Now, if I was willing to "gamble", this could be a place to drop a few bucks! You know that if it shows even the slightest improvement next time around, the sector will take-off. That may not be such a high "gamble". I covered my CIEN in the premarket today leaving me only JNPR on the short side. I also have a few shares long on that one and as of the next low, possibly mid summer, I will cover then double up. I missed the bottom on JNPR but that's o'k. We seem to have some similarities in trading and that is a good thing! I am just a bit less reliant on technicals under these current circumstances. Sabre!