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Technology Stocks : JDS Uniphase (JDSU)
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To: Boplicity who wrote (1689)11/3/1999 11:36:00 PM
From: Guy Gordon  Read Replies (2) of 24042
 
Well, if JDSU and QCOM do start new steeper uptrend channels I won't cry much. :-) But I don't see any evidence of it.

I don't see why you say they won't sell down much. Haven't they before? Of course they have.

We're all (all us longs) ecstatic about the recent price rise. Pats on the back all around. But the law of gravity hasn't been repealed. Profit-takers will step in and push the price back down towards the well-followed averages.

And that's good, because I want to buy some more.
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