JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: freeus who wrote (1600)	11/3/1999 4:36:00 PM
From: Guy Gordon	Read Replies (1) of 24042

You mean you missed out on today's 12% gain? Ouch! I expect JDSU will pull back in a week or two. Be patient. Wait for the day that CNBC is harping about interest rates, and all the short-term talking heads are negative. It wouldn't surprise me a bit to find JDSU back at 150 around the end of Nov. Get a one-year chart of JDSU. Draw a line under all the lows. then draw a parallel line that touches the highs (including today's high). You'll see that this stock always comes back down to that trendline. Buy your shares back when it's within 5% of that bottom line.

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