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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (10624)6/13/2001 4:08:04 PM
From: svliet  Respond to of 19633
 
Tom,
JDSU is certainly looking nice. I've been sitting on my hands here waiting for a fall back to fill some of the gaps up from 1600 on the NASDAQ. If the NASDAQ had retraced more from the run up I'd certainly be a buyer in JDSU and others but I'm still quite wary of all these stocks breaking below their bottom support levels if a downdraft occurs. With no support level - YIKES :)

For a person sitting on hands, in all cash, today's action was nice. I still haven't got the nerve to short stocks - sure missed out on a lot of no brainers over the past 6 months. That's one thing I love about this board. I am getting better and better at understanding the short game and will only start trading that way when I become fairly consistant calling them.

If anyone is interested another small small cap one I like is ELAS - Their DSL technology is better than any other company I've seen yet no one knows of them. Now that Verizon is on board people will soon be aware of them. If it drifts during the warning period I'll be a buyer.
Scott