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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (37694)6/8/2001 8:01:42 PM
From: Dealer  Read Replies (1) | Respond to of 65232
 
No wonder they got JNPR by the "yang yangs" today.....do you remember when they were talking to them on May the 10th.

(see enclosed)

dealie

Friday June 8 6:07 PM ET
Juniper Networks Warns on Earnings

******************

Thursday May 10, 4:54 pm Eastern Time
Press Release

SOURCE: Stock Traders Daily

Has JNPR changed guidance? Asks Thomas Kee at Stock Traders Daily

SAN FRANCISCO, May 10 /PRNewswire/ -- Stock Traders Daily, stocktradersdaily.com has spoken with representatives from Juniper Networks (Nasdaq: JNPR - news) and has learned that Juniper Networks has not commented on the current quarter at all.

After learning that Juniper Networks had participated in a conference call hosted by Buckingham Research today, Stock Traders Daily discussed the call with representatives from Juniper Networks to discover what was said.

``Juniper Networks doesn't comment on the current quarter during the quarter,'' said Michelle Levine of Juniper Networks. No comments about earnings were made. No changes were made and no revisions were offered.

OOPS! :-)



To: Sully- who wrote (37694)6/10/2001 2:02:10 PM
From: RR  Read Replies (1) | Respond to of 65232
 
Hi Tim: Great on making a few bucks. Congrats! Tricky market, so take those profits when ya can. You can always enter again.

Hope you've had a great weekend and hope you and Jim enjoyed the boating!

Will reply later to your question about the market. I'm in a run right now. Some teenagers are challenging me to a big water fight outside in the pool! These new big water guns are fantastic!

BOOM-i!

RR



To: Sully- who wrote (37694)6/10/2001 9:58:52 PM
From: RR  Read Replies (1) | Respond to of 65232
 
MARKET VIEW. Hi Tim. In answer to your question if I expect the Naz to go north next week, I gotta tell ya.... I don't know.

Scratch my head.

I could argue either way.

1.) NAZ UP - We are still in the recent 7 week channel. Like I've said before, the ole Naz has oscillated really very nicely in that channel. In the middle now.

Held that 2220 line the past few days. Nice.

Sentiment was bullish last week. Folks wanted that Naz to push up. Look at how it seems everyone clung on to the INTC comments as great news. You'd think we would be at Naz 2500 in a week by what folks were saying last Thursday night on SI after the INTC news.

Reality check....

2.) NAZ DOWN - Head and shoulders formations everywhere. Failed to hold an assault on 2250 three times this past week.

Naz bounced off the downtrend line from Sept, 2000. Couldn't break through it.

Warnings galore. Still coming every day.

Like you've been preaching, the PE's aren't getting better with revised numbers. Folks need to refigure those PE's when the revised numbers are handed out.

Expirations week. Some of the techs are above their max pain point. Push will be to bring them down.

3.) PREDICTION - I think down this week. I don't have a good feel for tomorrow. With it being expirations week, we are likely to get a fake anyway.

4.) 04 LEAPS - Don't forget new 2004 leaps will come out after expiration, depending on the cycle of the issue. Sometimes I've attracted some good positions at the initiation of new leaps.

5.) ME - I'm not going to be in any hurry this week. May sit on my hands Monday. If there is a significant movement, I'll be more inclined to act and evaluate an entry accordingly.

Although I have not been buying options in single issues the past few months, I do still like EXTR and especially BEAS.

Also, I am considering buying JDSU calls if it goes below 16.

Patience, I tell myself.

Patience....

6.) If you're LTBH, dollar cost average the quality techs, don't worry, be happy, and go back to sleep.

RR