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

To: Volsi Mimir who wrote (2579)	6/9/2001 12:33:22 AM
From: chojiro	Respond to of 3350

That's pretty funny if it wasn't so true. The sad thing now is that if there isn't a spirited bounce Monday morning, I feel we will start to see some margin selling. If that happens, shorts will have no reason to cover and the selling will persist. There were over 55M shares traded today, with a rather tight trading range from the open. I doubt more than 20% of it was short selling, so there is a decent chance of it settling down soon. But than again, maybe not(lots of shares in thr float). One thing I do feel comfortable with is that barring a miracle, there will be heavy selling into any rally for some time to come.