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


To: Hawkmoon who wrote (6106)11/29/2001 1:06:59 PM
From: Alan Smithee  Respond to of 6873
 
I primarily use Point & Figure charting to pick shorts (and longs). JNPR has a price objective of 13 based on the chart, but I doubt it sees that. There's support at 19.50, and I'd use that as a target to cover.

Resistance at 27. I'd use 28 as the stop for a short trade.