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Technology Stocks : JDS Uniphase (JDSU)
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To: EepOpp who wrote (17440)1/30/2001 2:32:37 AM
From: AM/FM  Read Replies (1) of 24042
 
EepOpp, I am surely not as astute at trading as you, but I might suggest you look at a one week time frame, rather than daily to see the bigger picture. JDSU as well the Naz are just now lifting off. The MACD is just getting ready to cross over to the upside. This will mark the first real cross-over to the upside since end of March when we headed down. It also tells me that this move up will be sustained and not a fake out. Once we moved off that horrific bottom it is time to change your hat from a trader hat to a longer time frame or you will miss the big moves when they happen. Every time I try to trade that one year daily time frame in a upwardly moving market I get hosed big time... anyway, just a thought and good luck. Thanks for your input.
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