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Technology Stocks : JDS Uniphase (JDSU)
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To: Tunica Albuginea who wrote (10500)5/26/2000 9:40:00 AM
From: freeus  Read Replies (3) of 24042
 
A correction in a bull market?
It felt that way for a while, didn't it?
However, people (even institutions are run by people) buy and sell stocks and right now:
the psychology is bear
Look at almost all stocks: all the way down from their tops, whether they went up a little or a lot, there are unhappy shareholders. Some of them are long, some of them will sell when/if/as the stock tries to regain former upward motion.
People are day by day becoming more frightened of the stock market. Every day that this "correction" continues it becomes more and more of a confirmed and established bear. The longer it lasts, the less confidence buyers will feel in buying as their own stocks attempt to recover.
Freeus
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