JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: Guy Gordon who wrote (4110)	1/9/2000 12:33:00 AM
From: Guy Gordon	Read Replies (4) of 24042

Here are link to some charts I've drawn trading channels on: white-crane.com white-crane.com white-crane.com white-crane.com white-crane.com white-crane.com white-crane.com white-crane.com white-crane.com white-crane.com white-crane.com white-crane.com white-crane.com Thursday I bought more AMCC (a little early). Friday I bought more SDLI, AMAT and CSCO. The AMAT chart is a good example of a channel trade I made. I sold AMAT two weeks ago near the top of the channel, and bought it back Friday near the bottom. I traded AMAT outright because I had it in an IRA account. If it were in a taxable account I might have sold covered calls instead, using the bottom of the channel as my strike price. I really wish I could own all of these, but it takes time to pay proper attention to a company. I try to limit myself to owning ten stocks, and I'm thinking of cutting back. I own JDSU, SDLI, PMCS, AMCC, EMLX, CSCO, AMAT, and QCOM from this list, as well as ANAD, CYMI, and MSFT.

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