JDS Uniphase (JDSU) Message Board

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Technology Stocks : JDS Uniphase (JDSU)

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To: uu who wrote (19603)	3/20/2001 3:27:09 PM
From: t2	Read Replies (2) of 24042

As I stated last week I think a Monday rally, followed by a semi rally today before a sell off toward the market close, and possible bigger sell off tomorrow and the day after will set the stage for the beginning of the biggest bull market ever. I actually agree with your timetable. We are about to start the SECOND biggest bull market. We were just in the biggest one in recent times. Not just a Nasdaq market this time but should be lead by the big techs. This new bull market should last quite a while. The short interest is pretty high in tech stocks right now and that could help set up the next bull market. The bear market may be coming to a quick end. A little lower and we may be able to trigger some share buyback plans among some tech stocks. So far this seems to be one of the key missing pieces for the next bull market (along with visibility in earnings). I don't think the market waits for tech earnings visibility to improve before rallying. The share buybacks will be a leading indicator, IMHO. OK..maybe I am just hoping for the best. Who know what is going to be happening after a major market bubble being burst. As a result even value in stocks may not be enough to keep from them sliding further. I got my fingers crossed.

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