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


To: Lee who wrote (3515)12/30/1999 4:31:00 PM
From: t2  Respond to of 24042
 
Notice how fast the Nasdaq moved up when Ron Insana was away. I actually liked his bearish commentary today because he did qualify it a little. Yesterday he was on a rampage.

In the end what matters is not what he says. He is basically a reporter.

If you are a contrarian, you would be happy when all these people keep coming and saying how overvalued the Naz is. I have seen a big increase in the number of bearish analysts providing commentary on the Naz.
That is great for the Nasdaq since it indicates that fear is there among investors. Expecting to see it in put/call ratios---i have not looked at this indicator lately.

Bottom, we are going a lot higher. Even the global markets finished at all time highs. Where is the investor going to go if the records are all around. All very bullish, IMHO.



To: Lee who wrote (3515)1/1/2000 11:27:00 AM
From: MileHigh  Read Replies (1) | Respond to of 24042
 
Ron Insana= Glass half empty