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Adobe - ADBE - close: 44.64 change: +0.39 stop: 42.26

Company Description:
Adobe revolutionizes how the world engages with ideas and information - anytime, anywhere and through any medium. (source: company press release or website)

Why We Like It:
If the markets continue to rally we suspect that large cap stocks that have a lot of volume will continue to garner the lion's share of money. Shares of ADBE have rebounded sharply from their late September lows and now look ready to breakout over significant resistance near $45.00. We are suggesting a trigger to buy ADBE at $45.05. If triggered our target is the $49.50-50.00 range. The P&F chart is already bullish with a $51 target. Our time frame is about eight weeks.

Picked on October xx at $xx.xx <-- see TRIGGER
Change since picked: + 0.00
Earnings Date 12/17/07 (unconfirmed)
Average Daily Volume: 7.0 million


Juniper Networks - JNPR - cls: 37.04 change: +1.10 stop: 34.69

Company Description:
Juniper Networks, Inc. is the leader in high-performance networking. Juniper offers a high-performance network infrastructure that creates a responsive and trusted environment for accelerating the deployment of services and applications over a single network. This fuels high-performance businesses. (source: company press release or website)

Why We Like It:
JNPR is another tech stock that has seen a lot of momentum. Now after a two-week rest period (a.k.a. consolidation) the stock looks ready to run again. Shares out performed the market on Friday with a 3% gain and a new relative high. We're suggesting bullish positions now although nimble traders might want to consider waiting and trying to buy a dip near $36.00. We're suggesting a stop loss at $34.69 but aggressive traders may want to consider a stop loss under $34.00 or its 50-dma near $33.90. Our target is the $39.85-40.00 range. The Point & Figure chart is very bullish with a $67 target.

Picked on October 07 at $37.04
Change since picked: + 0.00
Earnings Date 10/23/07 (unconfirmed)
Average Daily Volume: 10.0 million

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