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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (800)6/8/2001 11:52:28 AM
From: Jenna  Respond to of 1227
 
VRTS marketgems.com Not interested on short blips on the large cap technology screen, they are just bearish flags good for more shorting and increasing short positions. Yesterday although I know we enjoyed the moves in QLGC, DIGL, ATML.. and went with the "HERD" who didn't want to be reminded of the truth of market conditions. BRCM was ignored and that was fine, but with JNPR today, it was too much to be ignored already. it doesn't mean we are doomed, it just means trade intraday on the sentiment, but if you are going to hold large cap techs, be aware of the truth of the 'recovery' at least for the short term. Why set aside hundreds of thousands for a recovery in JNPR, BRCM, BRCD, TLAB, CIEN etc.. when your money can be in safer and stronger sectors (and less of it!!!).