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


To: Cyrus Mashhoodi who wrote (6368)2/16/2000 2:55:00 PM
From: Guy Gordon  Read Replies (2) | Respond to of 24042
 
Anyone wanting to know what the outcome of a pennant looks like, try here: :-)

white-crane.com

Note that the trendline drawn through the bottoms at 10/20/99 and 12/15/99 correctly predicted the latest bottom yesterday. (Trendlines are usually not that accurate.)

Don't anybody be scared off by this 9% move so far today. JDSU has plenty of upside room now. The next resistance is the old high of 248, and I don't think even that will be much.



To: Cyrus Mashhoodi who wrote (6368)2/16/2000 3:26:00 PM
From: fishweed  Read Replies (1) | Respond to of 24042
 
Cyrus - Yeh, that was dumb luck on my part. I'm not much on TA even though I look to the charts for any sign of hope when I get desperate........the stock was also getting desperate for a reason to move.......it's sure beautiful to see when everything comes together though!

go JDSU
fishweed