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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (9158)4/18/2000 6:22:00 PM
From: jmanvegas  Read Replies (3) of 24042
 
Anyone thinking that Naz is going up 200 points/day will get a rude awakening. This is not going to be a V bottom by any means. Watch for 200-300 point Naz declines shortly meaning JDSU should trade back in the 70's and possibly lower. None of this stock price action is going to go over well with the Fed and they will continue to hammer away by raising rates. It is perilous right now to fight them. This is one huge head fake IMHO. Good luck all and be careful.

jmanvegas
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