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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (7229)3/7/2000 6:12:00 PM
From: TigerPaw  Read Replies (2) of 24042
 
buying pressure over a period of time--even weeks after it gets added.
How about buying pressure weeks before it gets added. Look at EMC or GMST or LVLT. Big buys even though there was no real news. I think the fund families are now making their guesses and building their inventories for those companies which may be included into the DOW or S&P500 in the near future. JDSU has had good volume and upward pressure for awhile, for this reason, and because it's a good stock in general. When the day comes for the index announcements I think most fund families are going to let the day traders go wild while they quietly transfer shares in the background.
TP
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