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


To: luther yow who wrote (17319)1/27/2001 11:07:11 PM
From: Tunica Albuginea  Read Replies (1) | Respond to of 24042
 
luther, there is a huge JDSU short position.These guys are quaking
in their boots for JDSU to go back up again.
\These is why you hear these idiots downgrading
JDSU at $45 and $55. They know that if JDSU goes to
$75 they are hamburger meat.

So try and hang on to your shares. You do not loose money
until you sell ( unless of course you have a margin call.
Even then you have 3 days to sell ).
So DON"T sell unless you are forced.

Everybody is talking about a market sell off.
Don't bet on it.

The market does the opposite of what you think.
Look what happened with JDSU's eps: they told you things where going
to go down so they forced a lot of people to
panic and dump at the open and then the stock instantly
went up and closed up 8 %

Furthermore we are going up against Fed funds cut.

Markets always go up in that case. I would like to see
JDSU go up to $75 on Wed.

Even assuming the worse possible scenario ( which I don't subscribe to ,
that we are in a Bear market ) then we are in the Bear Rally mode of the Bear market.
Historically these rallies have been very strong: you can retrace up to
50% of the drop. So 50% from 152 to 37 is about $75!!
So we got a lot of upside left here.

Even assuming on Wed that we go down however ,
you will always have have 15 minutes
after the Fed announcement to see if the markets are tanking or not
so that
you have a 15 min window to sell.
If they tank, you can always sell.

So, my thinking is to _H_A_N_G___O_N_ to JDSU shares.
for dear life. This way I am in control.

Let them shorts sweat. I want to see bloody sweat dripping
off their brow. I want to see profuse diarrhea associated
with severe cramps, unresponsive to Lomotil .

I am for the old school: Dish back to shorty, ten times as big
& more painful.Then rinse lather and repeat,

good luck

TA

PS: So far the going has been great. Great short squeezes the last 3 weeks.

TA