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


To: Tunica Albuginea who wrote (4419)1/13/2000 2:37:00 PM
From: 2MAR$  Read Replies (1) | Respond to of 24042
 
well put, buying on any dips , well worth the risk.



To: Tunica Albuginea who wrote (4419)1/13/2000 2:37:00 PM
From: Tunica Albuginea  Respond to of 24042
 
CORRECTION/t2, I guess it's official now.At 1432 hrs, on CNBC Maria B.
just announced

" meanwhile we have a rally going on here in the market ".

There, from the mouth of Maria.

And @ 1436 bonds guru Rick Santelli:

" the bonds are on fire; yield is down to 6 36/64 and there
is a rally in Financials.The PPI came in at 1/2 the value in
1998. No inflation. "

Soon after that 1443: Maria: The Naz is on fire ".

Well as we all know a rally in the market follows soon after
the bonds rally.

Alan G is facing confirmation in the Senate nest week.

He is unlikely to say anything earth
shaking tonight in his speech.

I think JDSU will pop to 190 any time now,

:-)

TA



To: Tunica Albuginea who wrote (4419)1/13/2000 2:52:00 PM
From: t2  Read Replies (1) | Respond to of 24042
 
Tunica, I agree. No panic ahead of the numbers. Those wanting out of the sector have done so. Tech fund managers, who may have been accumulating cash, could now be ready to put in some buy orders. I would have taken the wait and see approach if i was getting new inflows--probably buying when the turnaround in the Naz was in sight--that could be now.

Bond yield dropping will surely help alleviate the fears. There may have an accumulation of short positions in the bond markets. Could today be the bottom?

I think you made a good buy in JDSU at 187 if you plan to hold on for a while.

Although maybe a lot of CNBC guests have been saying that the Naz will correct further, i feel the fear factor has already set in ----result---ready to rally!!!