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Technology Stocks : JDS Uniphase (JDSU)
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To: Hank Stamper who wrote (9929)4/30/2000 11:34:00 AM
From: Spreck  Read Replies (1) of 24042
 
Bull or Bear ... When we little people hear of the big boys getting out Like Soros and that other big name a few weeks ago ... Think about it if only two guys came clean with news on there leaving the market altogether... how many others funds public or private got slaughtered in the meltdown. The current wipeout may be over as all the big losers have been reduced to rubble ... of course this is just my own conjecture ... but think about it ... after the fact we hear who quit .... and major changes in investment strategies. Now we have a vague idea of where all the selling came from...the BIG BOYS got slaughtered. So my single largest holding is still JDSU. I held on as it never went under water for me ... But my only concern is what will happen to the markets ... short term we get this wonderful relief rally and everything seems to go fine for a few weeks .... Then Slam the big guys who suckered us all back in only to sell it down again .... We little guys all get slammed again and hold on. Mr market is a very Scary place... I held on to AOL for two round trips to the top and bottom....I hope we see some institutional buying come in to this market soon. No Volume No reason to believe any of this is for Real. Just my two cents worth.
Really glad to see us rebound a little this week.
Spreck
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