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Technology Stocks : JDS Uniphase (JDSU)

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To: Jimbo who wrote (4529)1/17/2000 9:53:00 AM
From: t2  Read Replies (1) of 24042
 
I think some pullback on the NAZ is going to happen Feb/Mar timeframe -- just like last year !

I would not take that as a sure thing. Every year investors get smarter and smarter, trying to react ahead of the next person.
Who knows we could correct well before or well after that. Selling or hedging may increase (puts and covered calls) before the Feb/Mar period. That means selloff earlier and a rally during those months.

I don't believe it is a simple pattern anymore. Even mutual funds may hold off buying until the "expected" dips in Feb/Mar---meaning cash increases on the sidelines, which would be bullish.

good luck

BTW---I bet this October, we will be getting our biggest rally of the year. <g>
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