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

To: hamsandwich who wrote (19578)	3/19/2001 2:21:01 PM
From: Tunica Albuginea	Respond to of 24042

My undersatnding is that commercial traders ( who know better ) are reducing their net short positions. Retail traders on the other hand have increased it. A classic sign of a bottom , short or long term. Moral: the little guy gets it again.... TA

To: hamsandwich who wrote (19578)	3/19/2001 3:00:11 PM
From: Tunica Albuginea	Respond to of 24042

ham, you mean the party will be over in 1.5 days? vbg... that's no fun.... On the other hand it's better than last week.....*&^#&%^! :-)) let's not get greedy here.... TA

To: hamsandwich who wrote (19578)	3/19/2001 3:27:50 PM
From: Tunica Albuginea	Respond to of 24042

How do you spell short-squeeze ham? ?*^&%#&??? TATATA

To: hamsandwich who wrote (19578)	3/19/2001 9:18:40 PM
From: Hank Stamper	Read Replies (1) \| Respond to of 24042

This is looking more and more like "the" bottom. The universe, of course, will unfold as it will so we may need to go through this process at a lower value (say 19 for JDSU). But still, the signs of a bottom are mounting. Now, since denizens of the stock market are supposed to be forward-looking, we better start anticipating the time frame and scope of the rally. A picture is worth a thousand words: lowrisk.com I offer that not to suggest we're in for the same. No, the US banking system is robust unlike that in Japan. I offer the picture to show that bear markets often have two or more legs down. Within those legs, are explosive rallies called, "sucker rallies" in honour of those who inevitably assume the good times have returned. Most, having sold in the panic near the very bottom of the current leg, jump back in near the very top of the sucker rally. If wishes were horses then beggars would ride. I give the rally 3 to 8 months. Then, we grind down again to the present or a lower level in the naz (1500?) and much lower levels in the S&P and DJIA. Then, we'll see real blood in the streets; then we'll watch the heads on CNBC talking about the final death of equities. (That, of course, will be as patently absurd as the opposite we got during the topping process.) Hank's got his pick-up loaded up with equities right now, for the rally. When equities are declared dead, Hank'll have so many of them his low-bed will be buried, his spar tree and skid cats will be hooked on to big drags, and each of his logging trucks will be filled clear to the top of the bunks. Equities will be spillin' all over the show like an explosion in the sawdust heap. Course, then they'll all tell him he's just a crazy man headin' for hell. Hank Stamper

To: hamsandwich who wrote (19578)	3/20/2001 10:34:33 AM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 24042

ham, market's " violent surge " may occur with 0.75 BP cut. Many believe it will be 50BP cut. The case for a 75 BP cuts may be " a stealth case ", below the radar: Mainly CA which is unraveling because of high energy prices and their inability to face reality.CA has their head buried in the liberal sands which is a treacherous quick sand pit, as in " the road to hell is strewn with good intentions ".Rumors of $3/gal for gas this summer... Alan has mused in the past that he is worried about the energy crisis in CA and the fact that it is 7% of US economy and the fact that it is affecting neighboring states by draining energy from there and raising their prices. The other element is the global weakening to which you add the stalling of the " US Engine that pulls the world economy ":you can argue that unless we get the engine moving again we may start backpedaling as into recession.Many recessions are recognized only retrospectively. So we'll see: 1/2% or 3/4% today....? TA@Disclaimer.com:http://www.siliconinvestor.com/readmsg.aspx?msgid=15442821 ================================== Message #19578 from hamsandwich at Mar 19, 2001 1:53 PM perhaps a sign of bottoming out? Short interest up 11.2% since last month and 1.5 days to cover the 62M shares short. That should provide a nice violent bounce up, if it comes. shortinterest.com