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


To: Joe Giorgianni who wrote (15092)12/21/2000 9:58:06 AM
From: Gerald Walls  Read Replies (1) | Respond to of 24042
 
Heh, heh! We didn't even have to wait until the next election. It's all Bush's fault:

biz.yahoo.com



To: Joe Giorgianni who wrote (15092)12/21/2000 11:31:33 AM
From: t2  Read Replies (1) | Respond to of 24042
 
Why? I think next week will be more of the same

The idea is that people want to be done before the holidays.
Selling pressure drops in the last 8 days of December according to historical S and P 500 returns in down years.



To: Joe Giorgianni who wrote (15092)12/22/2000 1:53:28 PM
From: Joe Giorgianni  Respond to of 24042
 
It's safe to come out now.

This stock has hit its bottom. How do I know? Because I just sold all I had in my personal account and it can go back up now.

I've been investing since 1985 and I've held this one since a year ago in November. Besides Broadcom, it's been one of my favorite stocks.

I even added quite a bit last month at a hundred. I had planned to daytrade it but when it went down to 95 I said "There sure are a lot of worse stocks to own on margin." One of my biggest mistakes of the year.

I think this is a great company but this is no longer investing, it's gambling. One downgrade today from a nobody company and it drops like a rock.

I still have some SDLI in my retirement, maybe I can be more patient with that.

But on JDSU I've thrown in the towel. Good luck to you all.

Joe