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

To: Guy Gordon who wrote (1695)	11/4/1999 12:52:00 AM
From: Robert New	Respond to of 24042

I would tend to agree with you that a dip at some point into the 150's is quite possible and likely probably over the course of time. I also agree that chasing a stock at its upper trendline is quite foolish and usually results in an undisciplined sell point. We have a gap on the chart in the 150's so a revisit of that area seems plausible. Virtually no one thought the gap on IBM would be filled in the 90 area when the stock was in the 130's and climbing but ultimately thats what happened. I see the 150's as a good point to accumulate the stock and have learned that it pays to be patient and disciplined in the stock market... And yes I am very long JDSU...