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


To: Jim Willie CB who wrote (24573)12/13/2000 12:14:25 AM
From: t2  Respond to of 65232
 
Jim, RE: JDSU and Canadian Index funds.

To be clear on this issue. JDS gets removed from the TSE 300 on Thursday. I don't know how much it would impact trading in the next 2 days...it is a big unknown since most shares in the USA.

I am going to aggressively buy back my positions in the next 3 days.

maybe some traders were shorting it ahead of the index change. I am betting on a big bounce in JDSU shares in the coming days and weeks.

The index change may not be a big deal...I don't want to over emphasize this change. I am buying shares tomorrow and will be buying call options on Thursday if it does drop.