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

To: jmanvegas who wrote (9159)	4/18/2000 6:34:00 PM
From: alias	Read Replies (3) \| Respond to of 24042

j, I agree. Historically (at least the past two years), the Naz, after April earnings, significantly declines into mid-May...brief run-up...declines and bumps along till mid-June or so and then goes into steep incline into July earnings. So, with the Fed meeting in May, plus the Street begging for a technical re-tracement I would suspect that all Hell and FUD will break loose in about 10 days to two weeks. (Maybe after Cisco reports 5/2). Just a matter how much of a re-tracement. Would wager that the mid-May "exeberant" bump-up will start day the Fed says only 1/4 point. If goes 1/2 then all bets are off. Alias

To: jmanvegas who wrote (9159)	4/18/2000 8:17:00 PM
From: t2	Respond to of 24042

Anyone thinking that Naz is going up 200 points/day will get a rude awakening. This is not going to be a V bottom by any means. Watch for 200-300 point Naz declines shortly meaning JDSU should trade back in the 70's and possibly lower. None of this stock price action is going to go over well with the Fed and they will continue to hammer away by raising rates. It is perilous right now to fight them. This is one huge head fake IMHO. Good luck all and be careful. I saw Ralph Block of Raymond James on CNBC this evening. He is the guy who was calling for those retests--blah, blah, blah. Ron Insana (CNBC) used to talk about him calling this market action so accurately. He did not seem so bearish this evening. I got the sense that he realized that he is not the market God. I give him that much. He will not just stick to his expectations for a retest as those "experts" did anywhere from Dow 1000 to Dow 8000. He realizes that he could be wrong. Instead he brought up some indicators that show the market is strong. Sorry I don't know what those were because I don't really believe in them to pay attention. ......and to think the technicians had the market all figured out by looking back in time. <ggg> If I was a fund manager, I would be adding whenever I hear their bearish technical outlook (I actually did add). It just happened this time due to the time of year when money flows slowed down and MUTUAL FUNDS and some individuals had too much to lose in their performance to not take some off the table. Looking at charts and going back to patterns of decades ago is probably not a reliable way to predict the markets. Sooner or later they will realize that the dynamics have changed. Good Luck

To: jmanvegas who wrote (9159)	4/18/2000 8:18:00 PM
From: Frank Ellis Morris	Respond to of 24042

>>None of this stock price action is going to go over well with the Fed and they will continue to hammer away by raising rates. It is perilous right now to fight them. This is one huge head fake IMHO. Good luck all and be careful.<< In a desperate attempt to curb in the infamous inflation fear Mr. Greenspan will hike interest rates in increment of five and perhaps ten points at a time.Heck within in a few months the long bond will yield 20to 25% but everyone will say to themselves Allen bug off and the stock market will rise to new highs and the Nasdaz will enjoy heights in the stratosphere as well. Now Allen scram you are wasteing our time!! Frank