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

To: t2 who wrote (4417)	1/13/2000 2:26:00 PM
From: Tunica Albuginea	Read Replies (3) \| Respond to of 24042

t2, I just bought JDSU @ 187.5. My thoughts: - I have been watching the price/volume curve all day. I like this parameter a lot. It has remained steady even though the stock was downtrending. It is a form of positive divergence. -the bid/ask range was tight all day, and -volume low; this tells me not a lot of sellers around willing to part at lower prices. -The Naz also has been staying tight all day. I don't see a lot of panic volatility.This tells me that -People,MMs,( <vbg>; they are people too )are not overly worried that we will not make the numbers tomorrow. -I tend to agree. I doubt inflationary CPI will be out tomorrow. My hunch ( some would call it educated guess gg, is that -MMs kept market down to buy back as many shares as they can, for next week's and tomorrow's big rise; i.e. shake off as many little guys as they can. -Naz and JDSU will rally the last 1/2 to 1 hour of the market. Again I pose the question: a dive into the abyss ? Good luck to all. If I don't make it, I have put my last thoughts in this envelope and I would appreciate sending it to my wife and mother, :- ) TA and PS: I took out the buy order I had in at 182. --------------------------- Message #4417 from t2 at Jan 13 2000 1:05PM 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.