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Strategies & Market Trends : MOVING NOW!

CTIC 9.090

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Jun 26 5:00 PM EST

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To: KevinMark who wrote (4547)	10/26/2000 10:54:02 AM
From: mike machi	Read Replies (2) of 8046

Dont know Kevin if its margin selling (yet). I sold JDSU this morning after buying it late yesterday for a profit. I then entered another trade on JDSU and VRTA and quickly turned around and sold. This I did as the Nas was going higher. I dont see margin selling., but what I do see is a huge amount of short interest., more than I have ever seen. I saw a post the other day and I will try to find it. 25 million shares so far traded in JDSU in an hour. With the JDSU earnings report looming and at this point in the day it doesen`t look good for going higher , if they find 1 speck of dirt in the earnings report, friday will be hell for many longs. IMO Mike Mike

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