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To: Dealer who wrote (24593)7/6/2000 9:19:18 PM
From: RR  Read Replies (2) | Respond to of 35685
 
Hello Troops: Quick note. JDSU. Not worried. Concerned, yes, as I have hundreds of ITM call options on this baby. But, not worried.

I mentioned last week it would not surprise me to see it go to 109-115 or so. There seems to be some explanation for the selling today as noted in posts here earlier and on the JDSU Board.

In this crazy market, who knows. I could be wrong. Also, as Jim Willie says, sometimes TA doesn't work in this market.

So, I ask myself, what has changed? Nothing that I have heard. So, I hold. But, am cautious, especially with the volume well above average today. JDSU crashes, I get whacked, but, that comes with the turf....

I am still out in Colorado and can't watch the market all day except a couple of times, and I'll be out all of tomorrow. Operating blind to some degree. Ouch....

Like I posted late last night. I have my plan, which I've posted on here. I like it and I'm staying with it. I have mentioned before that a plan gets constantly challenged. I stay with my plan until something compelling tells me to change.

Call it guts.... ok, call it crazy.... ok, call it what you want. I've warned before, don't do what I do. I assume huge risks. Not for everyone. Lose often. When I do, I simply get tougher and come back. I am ahead for the year, and ahead of myself compared to last year at this time. And last year was one of the best I ever had. Daaaaaamn! (RR hammer...)

Wanted to post a few quick comments on my view about JDSU since several on here are in it. I got to run, and not sure I'll be back later tonight.

One final comment that I firmly believe, and that is..... I will not lose in the long run, and I will kick this market in the butt one way or another.

Take care all.........RR