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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (29332)	2/11/2002 4:44:57 PM
From: vampire	Read Replies (1) \| Respond to of 99280

I did actually short JNPR upon your rec - I covered too early though (but that's ok...never go broke takin' profits) thanks

To: Zeev Hed who wrote (29332)	2/11/2002 4:48:21 PM
From: puborectalis	Respond to of 99280

Steve Milunovich(ML) 2002 will be a stockpickers' market Sees 40-60% of stocks outperforming Market has been flat, so stock picking skills are important Sector differences are important Stock selection does matter Most years are not stockpickers' years Look at: Companies that have gained market share during the downturn: DELL CSCO Companies with very strong momentum: NVDA ERTS Companies with good cash flow and visibility: FDC ACS Five of the last 27 years have been stockpickers' markets Buying a basket approach is favored from a portfolio management standpoint Risk is related to stock-picking skills Downside is missing a few significant stocks Focus on strong cash flow and visibility Investors are more focused on cash flow and less on net income Future Buys: Would look at IBM in the low 90s Does not think CA cash flow is so bad Would buy SUNW at closer to 8/share Would be wary of communications like LU, NT Looking at a strong 2H improvement Sees a U recovery

To: Zeev Hed who wrote (29332)	2/11/2002 5:02:17 PM
From: kanuti	Respond to of 99280

Actually, you should be looking at JNPR (I have said that many times, but no one believes me<g>) Zeev I believe you on this one. Have played it several times in the past weeks and shorted again today @ 15 and am ready too add more if it ramps up.

To: Zeev Hed who wrote (29332)	2/11/2002 6:14:53 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Actually, after looking at that H&S on BRCD after Larry pointed it out, that seems the good bet for a nice drop. It has already hit 30.25 last Friday, and that's a good 10% lower than where it closed today. It touched the neckline again from below, and it should be primed for a nice drop after expiration. Am I missing anything here? $30.25 is close enough to be a .382 re-trace off the high of 41.37 on Jan. 9. The next real support below the 29.50-31.50 box is about 26.50 or so. That is close to a 50% re-trace off the high ($27 would be a 50%). Price by volume also indicates decent support in the $25 area. It would seem that if the $29.00 level is breached, a drop to $26.50 would happen, and $25 would not be out of the question. My question is, how strong is that support at $29 in a possible drop below COMP 1750? You've been playing this one a while, so I was wondering if you're seeing the same thing I'm seeing.