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

To: im a survivor who wrote (1768)	6/27/2001 4:59:48 PM
From: John Curtis	Respond to of 3294

Thanks. Up, down, up, down, up, down, whoosh it all around then up, down, up, down. Are you getting the impression JDSU's stuck in an ~$11.50 to ~$12.50 rut? This isn't a bad thing, mind you, as rut implies basing and consolidation. And if I'm not mistaken (running around to my TA 101 manual), TA indicates that after an equity undergoes a long, sustained pounding like JDSU has over the course of losing ~80% of value the signal that it has found bottom is a period of time during which it bases. Read here it goes nowhere but sideways for some period of time 'X.' Me thinks JDSU is in that very period now. For how long is anyone's guess, although genuflecting to the market gods can't hurt. Anyone got any incense and prayers to offer up? ;-) John~