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

To: Jay Fischer who wrote (15852)	1/4/2001 4:28:33 PM
From: t2	Read Replies (2) \| Respond to of 24042

No profit warnings after the bell in technology stocks. Good news! The way the market was selling off, I was suspecting there may have been some hastily called conference call after the bell that could have spooked investors. JDSU is up afterhours and I expect this to carry forward to tomorrow...employment report should not be a big deal. I believe we are going to start getting our positive reports soon...starting Monday. Companies probably want to get past the employment report, which is the market focus now. Monday morning is going to be big, IMHO. Don't know if it will be merger Monday or positive preannouncements but I am getting a very good feeling about it. BTW--We have JDSU presenting on January 9 at a conference. That should be a spark as well.

To: Jay Fischer who wrote (15852)	1/4/2001 5:35:03 PM
From: SJS	Respond to of 24042

Jay, All darn good points. Which got me thinking. We discuss time to buy here, and now is the time, according to some. Others say no. I think we talk at cross purposes sometimes because we never mention why we buy, and in what account/timeframe our purchases are deposited. I look at money in 3 styles of investing. trade/scalp, trade/positional, and MT/LT. When I say it's too early for buying now, I mostly mean that my trade/position. I mean that I think I can get better swings (for 3-10 days, or longer) if I wait. I intraday trade all the time, which is fine anytime as long as you have the tools and stomach to do that (if that floats your boat.....) As for LT, if you aggregate my thinking about trade/position, then you might agree that better prices could be had for even LT stock positions. However, I have been nibbling in the trade/positional account on the way down, and most of that nibbling is now "technically" underwater, so by default, bad trades on good stocks become LT anyway. (Great rationalization, huh?) So....for those thinking I am a bear. I am not. I have some "false" start buys to deal with (like the rest of you all do), and have just scaled back the position trading to a more conservative approach so as to not have more LT stock than I really want. If you're all buying for your definition of LT and have done the right DD for yourself, then spend away. Steve