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

To: pat mudge who wrote (16457)	1/11/2001 12:00:44 PM
From: onurbius	Respond to of 24042

Well said, Pat. As musicians say: "It's the tone that makes the music." Diverse views are more than welcomed, if backed by reasoning. What this thread is all about concerns the thinking behind a position, whether it be 6 months, six years or 6 minutes. The net is fouled up everywhere with blathering emotion. (i.e."their phones suck" doesn't cut it)

To: pat mudge who wrote (16457)	1/11/2001 1:32:59 PM
From: sam	Read Replies (2) \| Respond to of 24042

"Shorts are like the guy who wakes up after a storm and seeing his backyard flooded, calls the newspaper to say the world's coming to an end." IMO, shorts are guys trying desperately to hasten the coming end of the world -- preaching doom and selling poison pills to the frightened masses. And, if the world actually DID come to end, they would be the people saying "told you so." Lot of good that would do them then. OFF TOPIC (as this is a comment about capex and carriers, and therefore somewhat related to JDSU). Notice how carriers are now being bought up...and how they are now even able to secure loans unavailable to them just three weeks ago? Where was that in Sagawa's 'analyses'... He totally missed the effects of significant rate cuts in that report gobbled up by the likes of Jim Cramer. Also, notice how the NASDAQ's trading patterns have changed since the FED lowered rates? Downdrafts are sharper and less "grindy." Volume is increasing. I still believe we may go significantly lower at least once more...bad earnings news will continue to chip away at large rallies...and hedge funds are still shorting as if the apocalypse was just around the corner...but the bear is dead (at least for now).

To: pat mudge who wrote (16457)	1/11/2001 1:34:37 PM
From: SJS	Read Replies (3) \| Respond to of 24042

Pat, To short a stock for a trade, all the opinion/research you need is that you think it's going down. It's momentum, it's sentiment, it's rumor it's the chart. It's just as simple as you think it's going up. Josey, to his credit, covered his short when his research indicated the stock, today, was stronger than he suspected. He's a smart trader, IMHO. However, your point is that to short it as a LT short, consistent short, you should have some detailed information and clear research to indicate it's permanently a dead meat situation (like a few dot coms that we all KNEW and considered LT unviable). In JDSU's case, that's absolutely NOT true, and counter to the entire trend that I, a bullish LT long, think is happening. OPTICS, LT, is where to be. ST/intraday/or even quasi-MT, the issue is still up for grabs on how to trade it. Notice I didn't say invest. For investing, again IMHO, JDSU should be a long purchase if smart, no investment if non-commital, and if you're just plain non-visionary (or dumb), a short. Steve PS: Josie knows that public sentiment on this thread ain't going to influence the stock 1 iota. However, I think it was Jake that was lamenting on being badgered by TA that he thinks, ST, the stock is not yet a buy. TA took that as a sign of the "time to go on the bullish offensive again", and proceeded to flood the thread with hearty data on why it's time to buy.