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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Margaret Mateer who wrote (672)11/25/1999 4:52:00 PM
From: Ms. X  Read Replies (4) of 9427
 
Peg - Rich1

I just went back to a post of mine on October 4th when I mentioned to Peg to go ahead and buy JDSU. It was around 125 I think at that time. Peg, you said you jumped in are you still holding? Rich, you asked if you could buy on a pullback and I responded you didn't have to... Did you?

A lot of questions on when to take profits. Both of you would be up over 100 points in this stock. You could take your original investment off the table and let the rest run or, wait for a three box for a trade stop or keep it and see what it does. I'm not seeing any trouble for the stock but it does feel good to take profits and cover your original investment especially on such a quick large move.
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