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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (9007)	4/16/2000 10:11:00 PM
From: SJS	Read Replies (1) of 24042

T2, NAZ Futures were limit down (use 110 as the "limit down" value when you check the site I recently posted) mrci.com Frankly, all hell's going to break loose. Greg called it pretty well. This puking up stocks is going to follow the sun around the globe. Margin calls everywhere there is margin availability and stocks to be called/sold. It's already started in Asia. The Nikkei is down 8 or 9%, and HK is down big too. Just stay in cash, don't try to figure it out. If you miss 10, 15 or even 20 points of upside that's better than you being ground into dust by the stampede yet to come. Look at the headlines I saw tonight at YAHOO (10:00PM ET): ____________________________ Sun Apr 16 ^IXIC TSE restricts arbitrage selling of stock indexes - Reuters Securities Sun Apr 16 ^DJI ^IXIC UPDATE 1-Nikkei dives 8 pct, high-tech shares sold heavily - Reuters Securities Sun Apr 16 ^DJI UPDATE 1-HK stocks seen plummeting after Wall St - Reuters Securities Sun Apr 16 ^IXIC June Nasdaq 100 futures fall to overnight limit - Reuters Securities Sun Apr 16 ^DJI ^IXIC WRAPUP 1-Asian markets savaged in wake of U.S. slump - Reuters Securities Sun Apr 16 CNXT [$$ - free trial] Investors Shaken by Motorola Might Be Calmed by Other Wireless Firms' Earnings - at TheStreet.com Sun Apr 16 ^DJI HK stocks seen plummeting after Wall St selloff - Reuters Securities Sun Apr 16 MSFT TECH WEEK AHEAD - Look, but don't jump, on earnings news - Reuters Securities Steve

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