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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: RR who wrote (5365)10/3/2000 9:30:01 PM
From: synchro_fan  Read Replies (2) | Respond to of 65232
 
RR;
Then if there is lots of buying, who in the h*** is selling?
Another FEC or Phillips for JDSU. Could you ask them to stop, please. It is beginning to wear on my one last nerve.

BTW, JDSU is a solid, upstanding and profitable company.

JMHO
Syncie



To: RR who wrote (5365)10/3/2000 9:44:15 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
funds are selling, houses are buying
and retail individuals are doing a slow bleed sell

I aint selling jack shit
I still say an ELECTRIC couple days are coming really soon
under the premise or "prices are cheap enough for us"

if JDSU continues like this, in three weeks I will buy a small boatload of March or 2002Jan option calls... yes, this stock is expensive... but it will continue to be expensive for the next three years

Naz5000 by yearend is no longer reasonable
except if Fed responds to some sharp economic slowdown data
I think a Naz tech recovery will take us to 4400-4600 by December
in my view, Naz5000 will be a formidable barrier in the future
it might take us until Feb2k1 to overcome

bear in mind that the Fed will only lower rates if they see more economic moderation, slowdown, relaxation of labor markets, calmer crude oil spot prices... this goes hand in hand with lower profits, slower growth, reduce R&D budgeting, smaller capital outlays, etc... such factors do not lead to huge rallies

yearend Naz -- 4750

I BELIEVE FORWARD GUIDANCE BY BIG NAMES REPORTING WILL TURN US AROUND
expect stabilizing to come by end of this week
then comes the reporting parade
still a bull, but a bull with only one nut
fwiw, Jim