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


To: Smacs who wrote (6547)2/21/2000 2:01:00 PM
From: Maxer  Read Replies (1) | Respond to of 24042
 
I think the market taking a quick dive down is not all together a bad thing. The interest rate fears is boloney-- 6.25 or 6.5% or 7%, few will cares if the indexes are moving at 20% or more a year.

We need something to kick JDSU out of the 200-215 trading range, and a good fall into the 170's or so would do it. (Unless you are heavily margined, of course.) The elastic effect of the price dropping is what kicked the stock up to 248 in January.



To: Smacs who wrote (6547)2/21/2000 10:28:00 PM
From: Hank Stamper  Respond to of 24042
 
"The problem with ALL the arguments thus far is that they depend on market timing."
Well said.



To: Smacs who wrote (6547)2/21/2000 11:38:00 PM
From: Guy Gordon  Read Replies (1) | Respond to of 24042
 
Ummmm, Smacs -- didn't you just contradict yourself?

Q1 Market timing is dumb (IMHO;)

Q2 ...try to keep 10-15% of his/her investments in liquid assets in case there IS a steep market dip. I want to be able to cash in on a big market drop and snap up the cheap shares ...

Trying to pick the bottom of a steep market dip is market timing.