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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (49214)	5/30/2001 1:45:26 PM
From: CrayUSA	Respond to of 49816

Stopped out of all buys. Doesn't feel quite right. Think I'll wait and watch for awhile more. Cray

To: HandsOn who wrote (49214)	5/30/2001 1:46:37 PM
From: jcky	Respond to of 49816

Bargain is a "relative" term (JNPR trading with a P/E multiple over 100 in the face of uncertain capex spending) and this is especially true in the technology sector. But then, this is a short term trading forum so who really cares? How will this market react in the near future? Well, let's see how AOL trades near $50 (acts as both 50 day moving average and long term support/resistance, depending on which direction the stock heads) and the Nasdaq behaves at 2000.