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


To: JakeStraw who wrote (18523)2/14/2001 11:55:38 AM
From: t2  Respond to of 24042
 
I think that once the tech sector looks brighter that it will recover very fast...

I also agree with you there. One factor is the herd mentality that works in this market...but just as important is the HUGE increases in short interest in Nasdaq stocks especially the higher PE ones.

I am betting on a recovery that will be explosive but just chose to pick more than just tech stocks but with the emphasis still on tech. Financials should do well also and are a bit safer in the event of market declines continuing.

The more I see AMAT still going higher, the more optimistic I get. Unbelievable move!! Would have never guessed given the doom and gloom.

Still waiting for that big short covering rally on the Nasdaq and of course it will be combined with a buying as long position combination in many hedge funds.....doubling the buying pressure.