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Technology Stocks : JDS Uniphase (JDSU)

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To: jmanvegas who wrote (9159)4/18/2000 6:34:00 PM
From: alias  Read Replies (3) of 24042
 
j,

I agree. Historically (at least the past two years), the Naz, after April earnings, significantly declines into mid-May...brief run-up...declines and bumps along till mid-June or so and then goes into steep incline into July earnings.

So, with the Fed meeting in May, plus the Street begging for a technical re-tracement I would suspect that all Hell and FUD will break loose in about 10 days to two weeks. (Maybe after Cisco reports 5/2). Just a matter how much of a re-tracement. Would wager that the mid-May "exeberant" bump-up will start day the Fed says only 1/4 point. If goes 1/2 then all bets are off.

Alias
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