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To: Poet who wrote (3005)2/15/2000 7:33:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 8096
 
The split really doesn't matter as far as the chart goes, but there are all kinds of other things that can happen to negate the pattern. The main P&F indicators had been turning negative starting in mid-January culminating with the main indicator turning negative a couple of weeks ago. So the piffers have been in a bearish mode. But now the short term indicators are turning positive and if a rally ensues, that could bring JDSU with it.

An example is that I bought VERT today even though it has multiple sell signals (like JDSU), but I had reason to believe that the b2b stocks were going to ramp soon and VERT filled a gap at 200 and did a 50% retrace from that monster ramp in January.