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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (2630)12/13/2001 9:03:16 AM
From: moufassa7  Read Replies (3) | Respond to of 13660
 
CIEN has dropped another $2 since CC started. JNPR should get smacked, double whammy from CIEN & LU news. Is this the V that the experts on CNBC promised me?



To: DebtBomb who wrote (2630)12/13/2001 1:55:09 PM
From: James C. Mc Gowan  Read Replies (3) | Respond to of 13660
 
Another profitable long day on EMLX and BRCD, but I fear, the last, boo hoo,gggg.
Profit often this AM on gap fills, but the hotties are definitely weakening more today.

Lots of warnings. I just loved CIEN's accounting. Now how do I turn a $5.50 loss into a 5 Cent gain, in the real world, that is.

Time to warm up the short machine; puts looking good now.
Many hot techs in semis and storage are well above the MaxPain levels and must go down into expiry.

Some I mentioned last week, like QCOM and BRCM already have gravitated in MaxPain direction, but they are just overblown anyway.

Be nimble and watch for mini-squeezes, on the way down, IMHO
James