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

To: Dave Gore who wrote (821)	6/8/2001 2:19:56 PM
From: Dave Gore	Respond to of 1227

Jenna the TICK is above 400. You still might be right but I would not have been holding shorts over the last hour or so. I would be considering them soon if we test and fail to break above 1926/1927 on the NQ's and fall back. But that's just me. I am very conservative in my reward to risk assessment (usually). By the way, the TRIN is certainly not positive but it it not trending negatively right now either.

To: Dave Gore who wrote (821)	6/8/2001 2:29:32 PM
From: Jenna	Read Replies (1) \| Respond to of 1227

Look at MUSE, an exception here. I won't be holding short positions but I wanted to milk them and JNPR is dropping still and will shortly take out the low of the day. CIEN I can obviously see the move to attempt to take out the 56.25 area but CIEN was down a ton, and its bound to level off sometimes. The question arises does leveling off give you a BUY SIGNAL or just a sign to cover much of your short? I don't automatically go long because I decide to cover a short position, especially not on a day like today.