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Technology Stocks : JDS Uniphase (JDSU)
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To: luther yow who wrote (18423)2/13/2001 3:10:41 PM
From: t2  Read Replies (1) of 24042
 
I think that hedge funds took Greenspan's comments as a reason to short the market.
(read something on realmoney.com about hedge funds getting into the selling or shorting)

IMHO, the market misunderstood. I believe Greenspan will drop rates before the next meeting UNLESS the Naz starts rallying.

Shorts are pushing this as much as possible but I am betting on a rebound by tomorrow at the latest.

Am not ruling out a positive close on the Naz by day end although it looks doubtful. A good economy means profits in tech are less at risk and that should be taken as a positive.
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