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Technology Stocks : RF Micro Devices (RFMD) -- Ignore unavailable to you. Want to Upgrade?


To: chojiro who wrote (4068)2/5/2002 12:24:50 AM
From: chojiro  Respond to of 4849
 
I went silly long JNPR this morning looks like I'll hoild it over night anyway.

So that wasn't such a bright move after all! I ended up losing 30 cents on that trade and should have just turned around and shorted it(JNPR). If it can't recover from here, it appears that it will come back to fill the gap it left from $12 to $13. I would also expect some back filling from the spike up the day before from just above $9. I believe it was on earnings(or reaffirming them) and future guidance. I think that has since changed. Shucks, now I'll have to go back and find out what the cause was: $14 to $10 is a nice short play. Or at least worth investigating.