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Category Archives: CIEN

Review 12/13/07: SPX, Nasdaq, CIEN, Q, LEAP, ESLR

Another volatile day, another closing rally! The market struggled all day but really picked up momentum with 1 hour left in the trading. Yesterday, I said, “We’ll need to see SPX back above 1500 to feel more bullish, but, staying above the 10-day MA is a positive sign.” The broader market did manage to close [...]

Review 10/2/07: SPX, Nasdaq, BIDU, LVS, WYNN, CHNR, CIEN

Another very good day! The market traded sideways to up, venting (after yesterday’s big jump) without losing altitude. This is very encouraging. Again, as I said in my Market Forecast this weekend, “For the new week, I think the market is in a good position to continue higher into the earnings. I will, however, be [...]