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To: invictus who wrote (23835)6/28/2000 12:17:00 AM
From: RR  Read Replies (1) | Respond to of 35685
 
EJ: Good. I hope they went thru at that price. Not bad for 6 months out. JDSU may try to settle in the 109-115 range if it is trying to get to a 20-25 dma. Why? Don't know. Who knows. It may do this setting itself up for the earnings run. Seen that happen before. The low volume is ok. If it were huge volume, I'd be worried. A number of the techs acted that way today, maybe JDSU a bit moreso.

However it is up almost 60% in 30 trading days and the chart looked great with steady climb until it broke its channel on the low side the past couple of days.

I'm still bullish on it, but we need to watch it.

I am hopeful we will have a boost after the Fed meeting tomorrow. Monday will be an abbreviated trading day, I think. Lot of folks will just stay on the sidelines counting money until after the 4th.

Manage fear, EJ..... don't let it manage you.

RR