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

To: im a survivor who wrote (18979)	2/22/2001 7:22:29 PM
From: jmac	Respond to of 24042

To be honest, and this will sound a little paranoid, but I think this downturn was manufactured on purpose and got out of hand. Bush was calling trouble in the economy in the days just before the election. Now, he was either the smartest man on earth (which he isn't) or he KNEW it was coming. It is my opinion that this downturn was manufactured so that the $1.6T tax cut would be approved (most of the benficiaries are the wealthy who can weather this one year storm). I have no doubt that this economy is healthy and will improve as soon as they want it to improve. The only problem that they are going to have is improving consumer sentiment. I dont think they foresaw the NAZ going to 2200. Wealth creation-wealth destruction. The average Joe has lost his shirt and it is going to take a miracle rebound to improve consumer sentiment. But, as I see it, the premium between a 1-year Leap and 2 year Leap is usually not too expensive. So, after 12 months from now, if there is no rebound, then I will roll out to '04 leaps. we'll see.