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.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (7714)	1/26/2001 1:46:31 PM
From: Cush	Respond to of 13094

Jim. Thanks for that JDSU analysis. I don't have a position in JDSU. I was using it more as a way to judge market sentiment, much like I used to use Cisco to judge Nasdaq market sentiment. It seemed to me that with the dramatic fall JDSU took yesterday prior to earnings, one of two things had to be at work - either earnings were going to disappoint, or investors were failing to climb a wall of worry. I thought that if earnings did disappoint, the tech market and JDSU would take a huge hit today. I thought that if earnings didn't disappoint the tech market and JDSU would surge today. I hadn't thought to factor in PMCS. Now, I think that investors were struggling with that wall of worry, and I think that is a positive sign for a continuation of the rally we've been seeing. Cush