SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: t2 who wrote (7233)3/7/2000 10:35:00 PM
From: t2  Read Replies (4) of 24042
 
I am beginning to see sense some fear in posts that i have seen lately. If that is not a bullish sign, I don't know what is.
I am sure many regulars on this board have taken profits on JDSU in the last couple of days--no doubt about it. Of course this would be more true in retirement accounts. I would expect that a lot of hedging by buying puts or selling covered calls in margin accounts has been under way.

My feeling is that the nervous retail investors are selling this stock or at least reducing. The mutual fund investors who have missed out on the gains in this sector are pouring their money into funds that invest in high fliers. The mutual funds and especially the newly set up funds are waiting for any dip to make their purchases---just like today. I don't recall seeing such a vicious decline in JDSU followed by an equally powerful rally.

I am concluding that the supply generated by longer term investors who have made big gains is not sufficient to meet the demand for these shares. The new investors both retail and institutional will jump into it on any weakness.
The mutual funds which hold such stocks see the inflows of cash into their funds and have no reason to take profits. They can instead sit on the new cash and pounce on any weakness OR they can just start buying as they get the cash. After all, they are probably sector funds anyways.

All we are going to see is very small dips as we head higher.

Good Luck.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News