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

To: freeus who wrote (10564)	5/26/2000 10:03:00 AM
From: Hank Stamper	Read Replies (3) \| Respond to of 24042

"However, people (even institutions are run by people) buy and sell stocks and right now: the psychology is bear" I am not so sure the "psychology is bear." SI is still papered with a 'buy the dip' mentality. True, there is fretfulness, but you just don't see agressive counter-responses to someone who enters and says, "I'm jumping in to buy this dip today." When we were at the (putative) market topping zone, someone posting in this thread that they sold was likely to be met with hefty disagreement and some of the disagreement was in the form of personal attacks! If we take the reverse of this, we then should expect bear psychology to be in full force when someone anouncing s/he is buying the dip is met with statements like, "Oh you idiot. Don't you know that stocks will never come back...." or some transform of that. That sort of reaction seems so far fetched right now. But then so did this drop just a few short months ago. Don't fire at the bear until you see the whites of his eyes. (Actually, I used to live in bear country. It can get very interesting when you've got to go visit the outhouse and first have to contend with Mr. Ursa sniffing at your door. In the Fall bear poop smells like fruit bars because the critters have been eating so many berries.) Ciao, David Todtman

To: freeus who wrote (10564)	5/26/2000 4:11:00 PM
From: Tunica Albuginea	Respond to of 24042

freeus, nice recovery. I just added more PMCS and TFS ( I am using it to play the soon to explode wireless market because of their partnership with " magnum PI " vbg Nikon to make tiny super clear screens for all portables, phones etc. 5 bill market divided into their 32 mill shares vbg. Great move on SDLI today. We are in a Naz bear market but in " a correction of the Bull Market in general ". That was and still is my opinion. Today's action confirms it. In spite of " everybody is going to be away today after 11AM and the market will die " hearsay talk, there were enough Investors salivating to buy at these low prices and they did so. It held it's open of 3200 which, on a Fri/Memorial weekend, with " bear psychology " rampant I think was great. Don't let them shake you off the tree. good luck, back much later TA Message #10564 from freeus at May 26, 2000 9:40 AM ET A correction in a bull market? It felt that way for a while, didn't it? However, people (even institutions are run by people) buy and sell stocks and right now: the psychology is bear Look at almost all stocks: all the way down from their tops, whether they went up a little or a lot, there are unhappy shareholders. Some of them are long, some of them will sell when/if/as the stock tries to regain former upward motion. People are day by day becoming more frightened of the stock market. Every day that this "correction" continues it becomes more and more of a confirmed and established bear. The longer it lasts, the less confidence buyers will feel in buying as their own stocks attempt to recover. Freeus

To: freeus who wrote (10564)	5/26/2000 11:38:00 PM
From: Spreck	Read Replies (1) \| Respond to of 24042

Freeus Re Bear market... I have made a few trades in the past few weeks, every one of them a loser except SCMR, Last week just before earnings... Today I sold my 316 shares OF JDSU @ average cost 54.... I also sold My QCOM today. Can not really figure my original cost on that one. Or i just do not want to go back and look at it. I bought it just before it gapped up and ran wild. Ralph Acampora came out on T.V. last night and made a very bearish comment about the stock.... This morning CNBC made more negative comments on the stock China and Korea.... I have had enough.... And have suffered the same round trips as i did on AOL and several others QLGC HGSI VNTR SQST. Lost a fortune on several.... Although I am still ok with my account balance. It is no longer any fun.... I do not believe much of any one is enjoying these markets of late and the simple facts are in front of us all. Mr Greenspan will continue to raise interest rates and the market will continue to trade as it is.... It seems to me that I might prosper a great deal more if I would just wait till there is a confirmation that Mr Greenspan is done raising rates... I plan on liquidating everything I own on the next up day or so as this is a very challenging time. I choose to not be in, at whatever cost it is to me. Just do not like the every day downward trend. To be quite frank, its just to damn depressing. Why be in? So there you have it Mr Grennspam has taken the froth out of the market and this good thing will continue to be good for the market.... ho ho ho... I just can not take the pain any longer..... Again I will probably lose even more as the market will rally but who knows.. Yes looking forward as always to any get together with the wonderful people of SI...Please tell me when we should have our Southern California get together... I will be there for sure Scgaryinv Spreck