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Technology Stocks : JDS Uniphase (JDSU)

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To: JakeStraw who wrote (16323)1/10/2001 4:13:20 PM
From: Kayaker  Read Replies (3) of 24042
 
Ooops. Maybe this'll help...

Excellent Market Action Impresses Options Pros
By Brian Louis

After a lousy start today, the Nasdaq 100 has steadily climbed and was rallying, leaving some options pros impressed with the positive intraday reversal in tech
stocks.

"The action is absolutely excellent," said Jay Shartsis, options strategist at R.F. Lafferty in New York. The strategist thinks the downside has been exploited and the "action is speaking very strongly."

"I would not want to be short this market,"
Shartsis added....

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