JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Boplicity who wrote (2958)	12/14/1999 10:10:00 PM
From: Dennis J Baltz	Read Replies (2) of 24042

<<203 is my rock bottom, which would be right at the bottom channel JDSU has started to the downside. It we go though that, something is wrong with ether JDSU or the market at large. I made a comment about the recovery being suspect a few days ago, today confirms this. It will take a lot longer then most here believe it will for JDSU to regain it's old high, weeks not days. Or course, news could change this out look at any moment. >> I agree a test of 200 is possible. The short term TA's look terrible. If we open and close below 220 tomorrow, I'll be looking for 200 as the next resistance level. I'm just waiting for an entry point with 55K I have in cash.

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