Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: onurbius who wrote (15879)	1/4/2001 10:01:56 PM
From: SJS	Respond to of 24042

Yup. My strategy to balance that logical and illogical action is to have 3 "time" buckets. 1) intraday/daytrade 2) positional 3) MT/LT Picking good stocks/sectors correctly, but timing them incorrectly is the most forgiving over time (#3) and least forgiving in #1. So....if you are LT player, don't watch the stocks each microsecond/minute/day/week, but play LT trends after lots of research (much like Pat Mudge tries to do.....). With this in mind, it's probably fine for most LT players to enter some of your favorites now. I mean after all, we're much closer to the bottom than the top, right? If you own these favorites because you bought them very much higher but still think they're winners, then hold them or add to your positions to better your overall cost basis. My contention is that I am not doing many ST positional trades (#2) and that I'm not pushing much money into bucket #3 right now. My personal perspective is that I want more evidence about how bad this economy is going to get before it's gets better. I want more evidence to see if this slowdown affect any of the FOUNDATIONAL beliefs that surround my LT holdings, including any new paradigm shifts, or technologies that emerge in times like these. From my way of thinking, one has already commenced: The PC-centric world has peaked, and will eventually morph to wireless. But we're early yet for 3G. Also.....Goodbye dialtone, hello perpetual connections. I still love OPTICS, but wanna make sure JDSU stays a leader and a part of optics generation II, III and IV....etc. You've seen what happens with other commodity companies.....right? I like what I see so far in JDSU, though. Steve