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Technology Stocks : JDS Uniphase (JDSU)
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To: Dalin who wrote (5515)1/28/2000 2:07:00 PM
From: SJS  Read Replies (1) of 24042
 
We're closer to the bottom, but not there yet.

Just a subjective eval, but clearly the market "defrag" has taken some scared money off the table, and stocks are mildly resisting an attempt to push it down hard.

You might even get a rally near the end of the day, but no bets since the FED meeting still creates fear.

PS: I would bet before too long there will be the start of a few margin calls for some folks that are very heavily leveraged.
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