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


To: t2 who wrote (8571)4/10/2000 7:53:00 PM
From: Sabrejet  Respond to of 24042
 
I see JDSU doing just fine the next 3 months. What I like was the blowout bottom put in last week. Mark my words this week, with PPI and CPI numbers coming out, 10 out of 10 times after starting a week like this, we rally into the numbers.

As a trader, today was a great buy on JDSU as well as many others.

Sabre!



To: t2 who wrote (8571)4/10/2000 10:14:00 PM
From: Boplicity  Read Replies (1) | Respond to of 24042
 
It makes a ton of sense. When I look at a chart I don't see a cold mixture of lines and numbers. I see general market conditions, earnings, news, and acceptance (others that are looking at the same chart and reading the same way) and more importantly, the key to really understanding how a market moves, the psychology behind it all reflected in the lines and numbers. When a stock, or market for that matter, has been acting weak for days on end like this market and stock have and then drops as fast as they did, many investors, who all ready nervous, want to get out. Add in those additional investors that are playing the drop and the fear that is generated by the market not recovering in those investors that haven't sold yet, it is not all to uncommon for the retest to be lower then the initial drop as both parties sell out.

Greg



To: t2 who wrote (8571)4/10/2000 10:51:00 PM
From: RR  Respond to of 24042
 
t2, et al JDSU bulls. Have not posted here in a couple of weeks. Good to see the bulls still here. Have not changed my bullish position on JDSU and have added more Sept calls during the dips lately. Out of dry powder now.
See nothing to indicate story line has changed.
In a way, I'm glad to see the Naz do this now. Think it will set us up for another great year later for the quality techs.

Re comments on here about McGabe of ML, I can't stand the guy and don't recall that I have ever agreed to his views.

Rick



To: t2 who wrote (8571)4/11/2000 1:56:00 AM
From: powershred  Respond to of 24042
 
"but reporters should provide some balance..."

<G>..then they would have to use their brains!..That is why a few knowledgeable posters are worth more than watching the boob tube! cheers!