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


To: Guy Gordon who wrote (6562)2/22/2000 12:08:00 AM
From: Smacs  Read Replies (1) | Respond to of 24042
 
Ummmm, Smacs -- didn't you just contradict yourself?

Yes, and no. I don't think anybody can guess when the market is GOING to correct. It's easier however, to tell when the market has ALREADY corrected. Now naturally, it's tough to know when the bottom has been struck, but if the market is down 20-30%, I'm realatively certain that we're either near the bottom, or that when the bottom is hit, we'll bounce back at least close to that level.

It's more of a buffering strategy.

-sm-