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

To: lawdog who wrote (8514)4/7/2000 5:26:00 PM
From: t2  Read Replies (2) | Respond to of 24042
 
When all the experts expect a retest of the recent lows on the Nasdaq, I take it as a sign that we are headed higher. This retest theory is like a contrarian indicator to me. I am not talking about the 10% corrections but am referring to the severe drop that we experienced this week. Too many experts in technical analysis expect it to happen and that is why it won't, IMHO.


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