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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (6105)	11/29/2001 12:06:21 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 6873

Predictions on downside potential for JNPR? Am short at $25 1/4 from a week ago and have been sweating bullets it might make a run up to $35... But now I'm thinking this could be good for $21-22, since it failed to make a run on its 200 day MA($35/share), and today's trading action indicate that it couldn't hold $25 psychological support (although it did stop at its 22dayMA). What's really interesting about JNPR as a short is that it appears to have broken it's uptrend channel and might need to retest the 50dayMA around $21-22 (in a week or two) to consolidate these recent gains. I'd be interested in hearing your opinion. Hawk