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Technology Stocks : JDS Uniphase (JDSU)

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To: Jill who wrote (2475)12/2/1999 10:38:00 AM
From: Guy Gordon  Read Replies (1) of 24042
 
RE: "Today's loss takes us all the ay back to the bottom line of the long-term channel where we find support at 220. "

This is absurd. Whoever wrote this (I believe Jill was quoting) must think "long-term" means six weeks. The long-term (one year) channel for JDSU is at 144 today.

JDSU started a new, steeper channel about two months ago. We are now in the middle of that channel, having bounced off the top of it last week.

My chart can be seen at white-crane.com
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