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


To: t2 who wrote (12894)10/4/2000 4:46:43 PM
From: Boplicity  Read Replies (3) | Respond to of 24042
 
That's why I posted that. Hardly any movement by DELL in AH. The PC sector has bottomed. Doesn't mean it's about to have rebound, it's just another sector or factor that has been taken out that will not come back to bit for awhile. Nice recovery for JDSU today, still my second largest holding, since I bought back QCOM, which is my largest. I bet you this rebound today will have legs, unlike the others we have seen recently. Warning season is near the end. Traders will want to get a jump on the run even if it's muted, the market is so sold down, and a lot of air has been removed, that there is a level of safety that hasn't been around for sometime. Also, will get some real data on the health of the optical sector. I seemed to remember that we would be getting some indication of the telecom spending in the first of Oct. correct me if I'm wrong. I tell you one thing. If today was like the others days we have been having, and this rally fails, we are going down to the spring lows! TOday was easy, Thursday might be too, but next week it will be harder.

Greg