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

To: Tunica Albuginea who wrote (9285)	4/20/2000 10:41:00 AM
From: Hank Stamper	Read Replies (2) \| Respond to of 24042

"Volume has decreased" Lower volume correlates with Jewish hol, Christian hol, and just plain 4 days off for others. (Note, I am not saying that your point about a short-term bottom is incorrect. I am simply pointing out another significant factor to consider.) Ciao, David Todtman

To: Tunica Albuginea who wrote (9285)	4/20/2000 11:26:00 AM
From: Kent Rattey	Respond to of 24042

A little TA: dimgroup.com

To: Tunica Albuginea who wrote (9285)	4/20/2000 5:35:00 PM
From: jmanvegas	Read Replies (4) \| Respond to of 24042

TA: Nobody really cares what JDSU reports next week in this very skittish market. This is not a season to celebrate earnings though they do foretell what the long-term future should be. At this time, the earnings only will reflect whether an individual stock deserves its current valuation. To assume it's going to catapult a stock's price is folly in this market, unless earnings are blow-out mind numbing. Who cares about beating the Street by .03 or .06 or whatever. You must beat it beyond the wildest imagination and then everything else in the report must be kosher also. The Street won't even like blow-away earnings if the mix isn't right or a division is slightly falling behind, etc. The above really pertains to tech stocks these days. If the Naz tests the lows or near the lows, which is a better than a 50/50 chance, the negative market psychology will throw all stocks out with the baby water, regardless of earnings. From a technical viewpoint, there is a slight gap in JDSU's chart around the 57 area. Will it be filled - beats me but technicians just love those little holes in charts and like to seem them filled. Now that would be in way oversold territory just the opposite of the way overbought territory we were at one month ago. Now I'm NOT predicting any of this will happen. I'm just pointing out what appears on the chart and I'll let all other voodoo TA pundits to make their own interpretation of things. Nothing would surprise me in the least this year - nothing. jmanvegas