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

To: Boplicity who wrote (1689)11/3/1999 11:36:00 PM
From: Guy Gordon  Read Replies (2) | Respond to of 24042
 
Well, if JDSU and QCOM do start new steeper uptrend channels I won't cry much. :-) But I don't see any evidence of it.

I don't see why you say they won't sell down much. Haven't they before? Of course they have.

We're all (all us longs) ecstatic about the recent price rise. Pats on the back all around. But the law of gravity hasn't been repealed. Profit-takers will step in and push the price back down towards the well-followed averages.

And that's good, because I want to buy some more.



To: Boplicity who wrote (1689)11/4/1999 12:11:00 AM
From: Kayaker  Respond to of 24042
 
It's safe to say, baring some unforeseen news, that JDSU and QCOM are not going to sell down much.

You may well be right. Though, last year when Dell was still a darling stock, we saw some lows I never thought would happen. Oh well, whatever the lows for JDSU and QCOM, new or old... I'll just have to work at recognizing them when I see them. Regards, Bob.


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