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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (10495)8/12/2001 2:13:55 PM
From: DebtBomb  Read Replies (2) | Respond to of 208838
 
It looks like there's a triple bottom in the Nasdaq, S&P, and DOW. 3 times now, the Nasdaq did a short term bottom closing just above 1950, the DOW at about 10250, and the S&P at about 1175. We'll have to see this time around. If Japan, Hong Kong, and Europe get up, I think we'll bounce, we'll see. Nasdaq closed red 6 days in a row, rare, and the put/call is still high, a contrary indicator IMO.



To: 2MAR$ who wrote (10495)8/12/2001 2:17:13 PM
From: Frederick Langford  Respond to of 208838
 
Oh yeah, if one shorted it last quarter they could have made a mint. However, at this point, any mention of visibility and any decent forward guidance, could give CIEN a pop off it's lows.

Fred


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