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

To: t2 who wrote (10679)	5/31/2000 4:19:00 PM
From: Tunica Albuginea	Respond to of 24042

Agree t2. Looking at Fri. Economy is slowing. June is the last increase , ( if any ). We know that the Economy will take 6 months to show slowdown after the last 50 cents raise. Al is not going to keep increasing rates just because he does not see an effect next month! Interest rates don't work on Internet time Oil cartel said they'll increase production. I suspect right now many Institutions are on accumulation mode as below: moneycentral.msn.com Stage 1: Accumulation -- when the smart money is steadily acquiring shares of strong, large companies that for one reason or another are selling cheaply. The chart looks virtually flat over a long period of time, but volume is increasing, especially on days when the stock ends the session with a gain. One fail-safe clue: The stock does not sink sharply on bad news, since these buyers have conviction. ú Stage 2: Markup -- when other investors begin to pile into the stock and brokerage analysts take note with lots of "strong buy" recommendations. Momentum investors pile into these names near the middle of this part of the run. This is when the rate of advance can become parabolic. ú Stage 3: Distribution -- when the early investors begin ever so gently, and ultimately more forcefully, to sell their shares to latecomers. The stock chart seems to flatten after a long run-up, and technical analysts start to say the MACD (moving average convergence/divergence) is "rolling over." Even if the stock continues to have a moderate upward bias, there is more volume on down days than up days. ú Stage 4: Markdown -- when the early investors are mostly out of the stock and on to the next play. Latecomers wonder what the heck happened. The stock declines on heavy volume and fails to rise even on good news.