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Technology Stocks : JDS Uniphase (JDSU)
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To: onurbius who wrote (15905)1/5/2001 1:20:31 PM
From: pat mudge  Read Replies (1) of 24042
 
True, many of us lost a lot by holding on too long, but the opportunity to make it back and then some is at hand. The bitter guy who gets out now (or most likely last week) is going to miss the next big leg up, then buy again near the top,etc etc etc. The shorts can't invent new screen names fast enough to hold mock dialogues attempting to emotionalize the stock down on other boards all over the net.

I agree there will be unusual opportunities to regain what was lost. I also believe as the market slowly gains on the upside, the general bias will improve. When that happens, negative news is more easily discounted just as it was magnified when the market was spiraling downward. By the time Q4 earnings are behind us, and the Fed's cut at least once more, the longer term picture will clear up and we'll either be selling pencils on street corners or making plans for next year's cruise to the South Pacific.

It's all about psychology and the market looks ahead.

Pat
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