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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (1677)11/3/1999 9:14:00 PM
From: LBstocks  Respond to of 24042
 
Royal Philips Plans To Sell 150,000 Shares Of JDS Uniphase (NewsTraders.com)-- Insider Details
Source: Form 144 released Nov. 2 by the SEC

Transaction: Proposed Sale

Company filed on: JDS Uniphase Corp. (JDSU)

Filed by: Koninklijke Philips Electronics N.V. (PHG), also known as Royal Philips Electronics

Filer's relationship to company: None

Number of shares: 150,000 common

Aggregate market value: $22,865,700

Approximate date of sale: Oct. 29

Company shares outstanding: 111.4 million

Broker: Salomon Smith Barney

Note: The information used in this story is taken directly from the Form 144 filing, except for supplemental information provided in parentheses, when applicable.

Copyright 1999 NewsTraders Inc. All Rights Reserved 14:18 Wednesday, November 03, 1999



To: Boplicity who wrote (1677)11/3/1999 9:22:00 PM
From: Kayaker  Read Replies (1) | Respond to of 24042
 
OT - Greg, what seems to work best for me these days is to put about 85% of my $$$ into shares and leave them alone. As we've discussed, most of that money is in QCOM and JDSU, with smaller amounts in GSTRF, AMCC, GBLX, and NDB.

The other 15% I keep in cash and wait for one of those agonizing dips to come along, then buy calls. My worst mistake is usually jumping back in too soon. I'm working on it and determined to get better at it.

From what I've seen I think you're better at recognizing the tops and bottoms. To me, today looks like a classic blowoff top in both QCOM and JDSU, especially now that we're at the end of earnings and with the Fed meeting coming up on the 16th. I think the employment numbers this Friday could also be important. Your thoughts here?

I am thinking of dumping one or two of the dogs tomorrow to raise a bit more cash. Nothing would be nicer than to have a chance to buy some calls on QCOM or JDSU if either dropped to their 50-day moving average or so.



To: Boplicity who wrote (1677)11/3/1999 9:53:00 PM
From: Guy Gordon  Respond to of 24042
 
"If you would of followed his rules to the T you would of been shook out of QCOM as it perpetrated the lower trend line a few months back."

Yes, exactly. I want the rules to get me out when stocks break trendlines.

"What he does is exactly how I use TA to play the market, but I have learn to break my rules at times"

Well... I've broken them too sometimes. Usually I regret it. I'm learning not to break my rules.

No system is perfect. Sometimes stocks dip just below the trendline, and then start up again. Sometimes I draw the channel wrong. The point is not to try for perfection, but to limit downside risk while keeping me in good stocks long term.

My system gives me lots of small losses, and a number of great long-term winners. The losses come when I buy on the trendline just before the stock drops off. I try to avoid that by not being too greedy. I wait for the stock to bounce a little off the bottom before I buy. That way I don't get the very best price, but I miss out on more of those big drops you see when stocks break support.