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


To: SJS who wrote (5040)1/24/2000 12:12:00 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 24042
 
SJS, your point is correct: never have all your portfolio in any one stock.
However as my mentor used to say : " rules are made to be broken ", GG.

I think I can afford to so what I do because:

-I am watching only one stock ,( closely , that is ) GGG.

-I have a 50% profit cushion on it so far ( from trading
it the past 3 weeks )so I can afford to drop 25% and still
be way ahead.

- I am sitting in fron of the screen and watching this in real time.
This stock is not going anywhere without me being there
" holding it by the hand " gg.If I have to bail, I am gone in a blink.

I have a sense that jDSU is hot as far as momentum is
concerned and this is where the action is right now.

The "old economy" v. " the new ".

I don't know how long I am going to stay in one stock.
Maybe I am looking at 260-270.

We'll see,

TA

Message #5040 from SJS at Jan 24 2000 11:49AM

Tunica,

I don't want to tell you what to do, but I would be a bit concerned if 100% of my portfolio was IN ANY ONE STOCK. I
don't care HOW much I love it.

As far as the internets are concerned....they're just waiting for their yearly 50% haircut. And this year there's going to
be a new development. Many INUTS aren't coming back to anywhere near their previous levels.

The culling has begun.

If KK & JS are following the JC method, and can do as good a job (perception wise) as JC's done, then I (and the rest
of the investors here...) are going to be very happy.

Regards,