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

To: t2 who wrote (16924)1/24/2001 9:13:12 AM
From: Tunica Albuginea  Read Replies (1) | Respond to of 24042
 
Futures have come down to 21 from 47. I think you can see
Institutions at work: ie, you don't see the insane bidding
we had a year ago with YHOO up 15 points in pre-market by
the mo mo Vegas crowd.

Now we have a little more savvy Institutions who will buy
but will make a less outrageous offer for a stock.

That's fine, less volatility will make for more sustained
long term gains,

TA



To: t2 who wrote (16924)1/24/2001 9:14:15 AM
From: Ibexx  Respond to of 24042
 
Big funds like Fido contributed the volatility to a great extent. However, they did themselves (and shareholders) a disservice by reckless market timing.

My Fido accounts (combination of 3 funds in Select Portfolio) declined almost 40% in 2000. A lot lot lot worse than my own performance.

Ibexx


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