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Technology Stocks : Juniper Networks - JNPR -- Ignore unavailable to you. Want to Upgrade?


To: CookiePuss who wrote (2560)5/31/2001 8:06:35 AM
From: chojiro  Respond to of 3350
 
The question I am asking myself is how much more will it give up before it gets a bounce to the low 50s.

When I posted I was short here at 63 1/2 I was laughed as, ridiculed, and warned to quit while I was behind. Now I am up 35% from that time, and the longs are not saying much. Just musing that I won't be around in six months. I wonder how many of them are still long, getting margin calls once again.

The weakness here his telling me that there is something seriously wrong with JNPR, and the stock is showing that weakness. I'm expecting a bounce here(didn't think I'd get 20% in just two days, so we could see this trade up to the upper 40s, but that will be another selling opportunity.

Good luck.