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


To: Tunica Albuginea who wrote (5122)1/25/2000 11:17:00 AM
From: t2  Respond to of 24042
 
Tunica, You are turning into a contrarian indicator for me.<g>
When a daytrader can't handle the market and sells, we are about to rally.
When the bears on show up on CNBC and talk about reallocating assets, that is another great sign. They are already done when they start speaking.



To: Tunica Albuginea who wrote (5122)1/25/2000 11:25:00 AM
From: Boplicity  Respond to of 24042
 
Since you are a trader, you did the right thing. Me I'm closet trader, mostly long term holder. I trade when they are throwing money out the window (right now they are not doing enough of it yet) or I see that the desire for a stocks is great and the story has wide appeal and easily understood, like ELON and BLDP both of which fit the above perfectly. I also trade around position, like when a stock that has run far and long, and has developed a trading patern, like QCOM and JDSU have, I see that as easy money, and I'm going to take it. I do not like to buy days before earnings, I do like to sell the day before earnings, if I'm trading that stock. Right now, given how far JDSU has run and taking in how GLW spiked higher much like JDSU has and has sold off some, I would see holding a JDSU trade through earnings as not being prudent. Long term all these movements are baloney, and noise, since JDSU is going higher, they nearly can walk on water and have a bye this year, meaning they can do no wrong, and some little problems will be over looked.

Greg