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Technology Stocks : JDS Uniphase (JDSU)
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To: Nichols who wrote (12660)9/15/2000 2:57:17 PM
From: t2  Read Replies (1) of 24042
 
There is so much bearishness out there. I can't believe everyone that CNBC brings on during the day is say negative on tech. Is this a great contrarian indicator?
I am not so sure but I think the time of year is better than what was the case back in April. More money piling up on the sidelines and in other sectors that a decline in tech will bring out a lot of buyers. All these bears and their followers must have already lightened up anyways.
We could be oversold on the Nasdaq--i think.
Trying to figure it out.
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