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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (8515)4/7/2000 5:32:00 PM
From: lawdog  Read Replies (2) of 24042
 
Good point. But the problem the experts have is the chart. It does look unstable.

My expectation two days ago was a 50% possibility for a return to low to mid 3ks. A slight chance is still there for a sig. retrace. A better chance exists for a smaller retrace 10% or so. All this bouncing around prevents a base from developing.

Keeping cash for quick trading in case volatility continues.

But, the bull seems to have survived the greatest precentage decline in Nas history.
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