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Technology Stocks : JDS Uniphase (JDSU)

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To: John Waddell, Ph.D who wrote (7661)3/15/2000 7:59:00 PM
From: t2  Read Replies (1) of 24042
 
Someone please kill the Nasdaq futures rally afterhours.<g>
I prefer a down indication in the morning as an almost sure sign of a bottom.

However, the gains right at the end must have been noticed--going from about 150s down to about 120s (last few minutes). It was getting close to the 10% correction territory and that may be a buy signal for a lot of investors who have seen it before!

If the Nasdaq opens up tomorrow, one would think it will drop before any possible rally. I am betting that the gains in the value stocks is short lived. No excitement!
Once the "small" gains are realized and they may already have been---they will get dumped in favor of the techs.
IMHO of course.

BTW--biotechs rallied; that is a good thing for the Naz.
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