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Technology Stocks : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?


To: im a survivor who wrote (1757)6/26/2001 5:53:58 PM
From: John Curtis  Read Replies (1) | Respond to of 3294
 
KG4: Amazing. Like clock-work I buy just north of $11.40 and sell at ~$12.10. JDSU is currently exhibiting characteristics that typically bring those who trade swarming around. That is, intraday volume is borderline huge and the volatility is constrained within a ~1 to ~1.5 pt swing. Now although I'm not necessarily a trader, working in telecom for a living, still with the systems access I have I try to take advantage of situations when they present themselves. ;-) I'll look to do the same as today, tomorrow, because although the big boy/girl market pro's don't seem to want to let this equity run much beyond $12.25, they're also not letting it sink much below $11.45 either.

So it's bounded by that range and I might as well play it. My only caveat is you know what is said about a pattern discovered? As soon as you're familiar with a pattern the market up and changes it on you. ;-)

Let's see if it repeats yet again.....

Regards!

John~