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

To: Tunica Albuginea who wrote (4412)1/13/2000 12:25:00 PM
From: Lee  Respond to of 24042
 
TA,..Re:.irrational ? exuberance

Looks like we need some happy news, like blowout earnings, to get the market back into the right mood. Seems like today they're playing in the cyclicals! <ggg> Don't understand that mentality with the CRB hanging around 200 and the core PPI up only 0.1%! LOL!!!

Seems last April they played that game without good results! <g> Entry point for JDSU? You got a great one yesterday. Looks like on the 60 minute chart, it's approaching it's 50 period ema (around 181) which seems to provide a nice bouncing place.<g> Barring earth shaking market events of course! <g>

charts-d.quote.com:443/947783743194?User=demo&Pswd=demo&DataType=GIF&Symbol=JDSU&Interval=60&Ht=400&Wd=600&Display=0&Study=EMA&Param1=50&Param2=0&Param3=&FontSize=10

Good luck,

Lee



To: Tunica Albuginea who wrote (4412)1/13/2000 1:05:00 PM
From: t2  Read Replies (1) | Respond to of 24042
 
205 is not out of the question as long as we get a huge Nasdaq rally going into the CPI numbers tomorrow. Considering how much nervousness there has been recently in the markets (bond and stock), it would not surprise me to see a "buy" ahead of the news in stock and bond markets.


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