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

To: michael97123 who wrote (18937)2/21/2001 11:38:13 AM
From: t2  Read Replies (2) | Respond to of 24042
 
still think he has to make stocks a good deal for investors if bond yields and especially money market rates (more of a daily interest rate) comes down.
Greenpan (if he is smart) will want to push money market OR cash into the market and steep cuts is the way to do it.

STill seeing a lot of bearish comments on the Nasdaq...still a good thing.

Maybe people have gotten to the bottom of the bearishness.
BTW--I don't bother with that sentiment indicator from the newsletter writers because..who reads about their opinions anyways.<g>
It is old indicator....maybe should get some sort of online broker bull/bear signals instead..I bet those show more bearishness.



To: michael97123 who wrote (18937)2/21/2001 11:50:58 AM
From: Tulvio Durand  Read Replies (1) | Respond to of 24042
 
NASD has tested bottom at 2300 for 4th time without breaching 2250.

Indications are that worst is over. 


3000-------------------------O X O --------X --| --* --------------------------3000-
2950                         O X O X       X O |     *                         2950 
2900                         O   O X O X   X O |       *   *                   2900 
2850                             O X O X O X O |       X * X *                 2850 
2800                             O   O X O X O |       X O X O *               2800 
2750---------------------------------O X O --O | ------X O X O --* ------------2750-
2700                                 O C     O |       X O   2                 2700 
2650                                 O X     O |       X     O                 2650 
2600                                 O X     O |   X   X     O              Med2600 
2550                                 O       O X   X O X     O X               2550 
2500-----------------------------------------O X O X O X ----O X O ------------2500-
2450                                         O X O X O X     O X O             2450 
2400                                         O X 1 X O X     O   O             2400 
2350                                         O X O X O X         O             2350 
2300                                         O | O   O           o             2300 
2250-------------------------------------------| ------------------------------2250-
2200                                           |                               2200 
2150                                           |                               2150 
2100                                           |                               2100 
                                             0 | 1                             -----


God, let's hope so!

Tulvio


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