To: techguerrilla who wrote (28302 ) 8/9/2000 2:38:44 AM From: RR Read Replies (1) | Respond to of 35685 Hi John: I'll try to answer your questions on JDSU, RMBS, market, etc. as follows: 1. U know my top 3 already, JDSU, BRCD, NTAP. I don't see any of these three stalling by year end. In fact, let the Naz move for 5000 towards year end and I don't see JDSU running out of steam even with the SDLI anchor around it pending approval. I don't see why JDSU could not beat the Naz from here and if it does go to 5000 like me, Voltaire, and some bulls on the street think, then JDSU will be over 150. U can do the math on your 90s and I think you will still have a good return. 2. Pullback - I already posted on here earlier tonight some brief thoughts on the market. While the Naz may react favorably to CSCO, and hopefully good reports from AMAT/DELL/Fed numbers, near term, it would probably push the VIX below 20, and that is low. It's already low. Consequently, I would not be surprised to see a selloff coming soon, late August or sooner. So, you might want to consider getting ready to execute on pullbacks. 3. I'd still practice patience, as hard as it is sometimes. Pick your trades. Target shoot and make the market come to you. I think there will be plenty of opportunities before year end on your top three picks. 4. RMBS - I have watched it some. I traded it last year. I know some of our friends are really into it but I have to say that I just don't like the chart. If it were me, I'd wait for a clear reversal and let it push over 80 and preferably get over 85, maybe even into the 88-92 range. I'd rather see it test that area again before entering, especially at this time in the market. For option players, you would still have time to catch the momentum and ride it if it did retest that area. This stock was 112 just 17 trading days ago. It's got to go up over 50% just to get back to that level. 5. ELON - have not been following it, so can't comment. Good grief, 1:30 a.m.... I got to get to bed, John. Long day at office tomorrow. Later..... RR