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Technology Stocks : JDS Uniphase (JDSU)

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To: Tunica Albuginea who wrote (16627)	1/17/2001 1:17:49 PM
From: Nichols	Read Replies (2) of 24042

<<what is the investment rationale for these hedge funds to continue shorting what appears clearly now to be an up market?>> I think it still it extremely unclear whether we are still in a bear market or not. Today/last week/month of January could merely be one big headfake, and we might still be taken out in the woods and shot. Although I am bullish for the first time in about 9months, I wouldn't be shocked should we see new lows by summertime. Many unknowns out there. For example- oil. Whar happens when Sharon gets elected and the Palestians and Israel do battle? $50/barrel?

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