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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 (835)6/8/2001 3:35:19 PM
From: Jenna  Respond to of 1227
 
3:30 reversal period. nothing has really changed. CIEN VRTS, JNPR, XLNX, BEAS BRCM looking like crap same as 9:35, nothing changed except I'm not holding them over the weekend short. Luckily I symied my desire to hold a QLGC long and picked up some call options, which I promptly "blew" this morning but better than holding too many tech positions. I would not be holding any falling knives over the weekend. Traders/investors are no longer buying weakness and Monday can and will go EITHER WAY. NO ONE HAS ONE BIT OF AN IDEA WHERE WE WILL GO FROM HERE and least of the the analysts who were stupid enough to upgrade CEPH and XOMA to STRONG BUYS after 9 to 2 weeks of upside already in their belts!!!



To: Jenna who wrote (835)6/8/2001 5:09:54 PM
From: Dave Gore  Read Replies (2) | Respond to of 1227
 
FYI - 08-Jun-01 08:42 ET Sirius Satellite (SIRI) 13.85: Lehman initiates coverage with a Strong Buy rating and $57 mid-yr 2002 price target. Believes that Sirius is at the cusp of a new era in radio; views this as an opportunity that is difficult to match.