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

To: t2 who wrote (14223)	11/13/2000 3:22:05 PM
From: SJS	Read Replies (2) \| Respond to of 24042

I guess many haven't heard of a oversold bounce in a bear market. It can't go down every day T2. You will see green, maybe even 2 days in a row! But that doesn't mean the MF has changed, or the fundamentals have changed either. The economy is slowing! We're not done with this yet. Now.....If AG changes the bias later in the week, well...... that will be a shot of pure adrenalin for this market and you'll see a sentiment change. However, it will take a large dose of intestinal fortitude (or other anatomical parts....) to do that. Steve PS: Remember one more thing. Option expiration weeks are historically modestly bullish as MM buy back stock they shorted to cover the PUTS they wrote during the month(s). This cover the PUTS that WON'T BE ASSIGNED. MM use Delta Hedging strategies so as to not write NAKED OPTIONS. That protects them.