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Technology Stocks : JDS Uniphase (JDSU)
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To: t2 who wrote (19036)2/23/2001 12:14:59 PM
From: FlameMe  Read Replies (2) of 24042
 
t2,
The market made a nice reversal yesterday and was a good setup for today...but, then all the bad news came out and knocked it back down.

I wish every tech company would get together and hold a giant news conference and lower their guidance all at once instead of this slow bleed of bad news. <g>

Reverals of reversals can lead to fast moves, so be careful, but Cisco seems to be stabilizing.

I'm still waiting for a higher low in the 60 minute chart.

enjoy your posts,
ross

ps. I just got out of bed, so haven't been watching all day, but this is starting to look very panicky. Even the dow getting creamed. that's good, i guess.
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