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


To: MileHigh who wrote (4132)1/9/2000 12:19:00 PM
From: Guy Gordon  Read Replies (1) | Respond to of 24042
 
That's a good point. "Dont' get greedy". I think I'd have more luck trading CC's if I didn't try to wring the last dollar out of them.

These trendlines just aren't that accurate. Look at JDSU Friday. It never got close to the bottom of the channel before bouncing. If I had sold CC's on the 3rd (as I was tempted to do) I don't know when I buy them back.

Luckly, I just didn't believe in this "correction" -- so I just sat tight & bought more on the dip. It was harrowing, though. I lost $120k in three days.