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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (109)5/10/2000 10:43:00 AM
From: Atin  Read Replies (1) | Respond to of 10876
 
JDSU downside target 74. It did another nasdaq like breakdown -- but could stop near 74. Otherwise next support is way down near 53 which I don't think we'll see (but I said that about NTAP once too . . .). Upside resistance near 100. Basically I'm thinking I'll just wait on all bullish strategies until a trend is established. Catching the bottom is too hard and I don't mind missing a little bit for a better established trend and more sure profits.

-Atin