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Ciena Corporation Message Board

  • rock12077 rock12077 May 2, 2003 11:49 AM Flag

    got out of my position

    at 5.31. Sold my 16000 from friday, think we get a pullback from here. There are a few indicators of this, the stochastics chart shows a reading above 90 which is a overbought indicator and the MF RSi chart has a reading close to 80 which to is an overbought indicator, also the action in CIEN shows large orders to get out. wouldnt be surprised to see us end the day in the red.

 
CIEN
19.40+0.23(+1.20%)Mar 30 4:01 PMEDT