Nitro, What is your screen shot look like? what index, stocks, you monitor and in what time frames? I have sector charts, and individual stocks in the sector plus the SP futures. And I use Tradestation 6 for charting. thanks for your inputs...
CIEN looks horrible technically. It's near support in a down trend channel and if it breaks $5.90 area, it's gone! It's a pretty good short right now with a stop around $7.00. I would wait and see how it trades Tues and Wed. I don't know much about their fundamentals other than the fact they havn't turned a profit yet and the sector is getting slammed. I still like SUNW as a short. Contrary to popular opinions I like JDSU as a long.