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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (33373)7/18/2001 10:32:25 AM
From: j g cordes  Read Replies (2) | Respond to of 71004
 
Clint, what's your take on JDSU.. will it hold 10 or drop to 8.. or other? Not familiar enough with its business going forward in the sector.

As for buying dips, not quite ready.. this mornings drop hasn't nullified the rally but its certainly put some doubt in it. A Fed easing is in the works, most bothersome to me this morning is the shutdown of chip facilities (see news item I posted earlier). It indicates its more profitable to close the doors than keep them open.

Jim