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Technology Stocks : JDS Uniphase (JDSU)

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To: Kayaker who wrote (5621)	1/30/2000 12:08:00 PM
From: Kayaker	Read Replies (1) of 24042

Something to remember this week... The Coming Week: A Market Running in Circles By Justin Lahart Associate Editor 1/28/00 8:07 PM ET "Until we get the Fed out of the way, I think we're going to continue to be volatile with a downward bias," said Tony Dwyer, chief market strategist at Kirlin Holdings. The problem is not just the Fed but a fear of losing the money made in the fourth-quarter run-up. "Everybody's trying to get out the door at the same time, to not give up the gains. That's a more important backdrop to the market than even interest rates." ....Scared? A lot of people are. The highfliers are cracking, and people are seeing those once-in-a-lifetime gains melt away. Those who stand their ground, who buy when the weak holders capitulate, will make out well, Dwyer believes. "The momentum stocks that took the market up to unstable levels are bringing it back down," he said. "You're even beginning to hear panic in people's voices. Panic brings opportunity.".... thestreet.com (requires subscription)

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