JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: t2 who wrote (15781)	1/4/2001 9:08:01 AM
From: Tunica Albuginea	Read Replies (1) of 24042

t2, futures are down this AM. I think big Institutions are what moves the markets. Many are short. Many hedge funds are short.They lost a ton of money yesterday and more bleeding is on the way. Reason is that Alan G. is serious about turning this around. They know," don't fight the tape ". So they may be selling this AM to keep prices down on all stocks so they can cover; this is why futures are down. Also there will be amny " Head fakes " down today to try and trick you into selling your shares. You got roll with the big guys. They got caught flat footed by Alan. Let 'em pay now! Technically it is important that JDSU closed above 51. That was the first resistance level which now becomes support. With more rates coming up, and oil coming down in the spring, this market will turn around faster than you can blink. Especially with tax cuts from Bush. Maybe even gasoline tax cuts. Furthermore, Jan - April is where 70%+ of gains are made in the market. New money coming in. JDSU is on everybody's list of stocks to buy. With MSDW conference next week, JDSU will be flying next week. Looking good, TA

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