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

To: Guy Gordon who wrote (7784)	3/16/2000 11:53:00 PM
From: SJS	Respond to of 24042

Cool. Thank you for posting it. We've all talked about it and 'felt' that vertical spike up in the last 3 or 4 days.....but this show folks what it looks like when the spread expands. It's a pretty hefty reversal. I liked the trend until this spike. Steve

To: Guy Gordon who wrote (7784)	3/16/2000 11:58:00 PM
From: Guy Gordon	Read Replies (2) \| Respond to of 24042

Here are my charts of JDSU and SDLI. white-crane.com white-crane.com You can see that both bounced off the bottom of their medium term channels today. I've re-drawn my channel for JDSU. Previously I had a single, wider channel starting on 10/20/99. I've changed this to a thinner channel from 10/20/99 thru 1/31/00. This is followed by a new channel with a different slope. The new channel is less steep than the first one. I view this as a positive. No stock can continue rising as fast as JDSU was. The alternative to rising more slowly was to overshoot and then crash & burn. SDLI is rising more steeply than JDSU.