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

To: Bill Holtzman who wrote (15124)	12/21/2000 6:22:13 PM
From: t2	Read Replies (1) \| Respond to of 24042

Do you think the person who can the economy best is someone who trades stocks regularly as well as options, and is heavily interested in tech stocks in particular? We should all probably recuse ourselves from making judgements because we're too immersed personally with the situation. Bill, Actually, i have been supporting Greenspan for the longest period of time. This may be my first real criticism. It is not just mine. It is basically coming from all sorts of economists that said he had overdone months ago. Many prominent economists disagree with his non-action this last meeting. He saw basically little evidence of inflation and still followed a hawkish policy. However, he did not take the clues indicating a slowdown; that is why I am not happy with his stance lately. Hopefully, he will not wait long to ease; doing it before the meeting in January will so that he is taking this slowdown very seriously. BTW--AG won't let me speculate on tech options. However, I can no longer resist. I am taking bigger chances now but am avoiding options on the higher PE techs like JDSU; the options are just too expensive. Will only hold stock in these types. Better options opportunities elsewhere in tech and non-tech. I don't need to see Nasdaq 4000 or 5000. Naz 3000 in the coming 2 weeks will OK with me.<g> Dow and S and P going higher will help as well. Back to the old pattern of seeing all kinds of bearish comments on tech. The bears who had turned bullish are back to being bears again. What a relief!! Tax loss selling pressure is going to evaporate soon and we may start seeing a lot of rotation back into tech.