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Technology Stocks : JDS Uniphase (JDSU)

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To: Hans U. Tschanz who wrote (4114)	1/9/2000 11:12:00 AM
From: Guy Gordon	Read Replies (1) of 24042

RE: athm,brcm,cien,cmtn,covd,fcom,gblx,nxlk,npnt,rthm. Hans Here are a few charts for the ones I follow: white-crane.com white-crane.com white-crane.com white-crane.com ATHM seems to be breaking down. I've owned it before, but would not now. NXLK is clear trending up, but not in a straight line. It's arching over, which is a bad sign. RTHM is clearly trending down. Yahoo gave me an error looking up HANS. Don't know why. :-) I want to emphasize that trendlines and trading channels are not for all stocks. I use them for the stocks that are trading in a channel. I don't try to force them on stocks that are not. A simple visual check is to see if the short term 26-day MA or the medium term 50-day MA are nearly straight lines. If they are, I try to find a channel that parallels them.

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