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Technology Stocks : JDS Uniphase (JDSU)
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To: Wyätt Gwyön who wrote (22539)5/2/2002 2:41:41 PM
From: Jacob Snyder  Read Replies (1) of 24042
 
change to JDSU trading plan:

Just placed a limit buy at 4. Holding lots recently bought at 4.5, 4.9, and 5. Looks to me like 5, which had been a support line, has been clearly broken. So, 5 is now likely to be a resistance line. I'm expecting the next intermediate-term rally to stall at about 5, and I will unload all at 5. Then await new lows.
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