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

To: uu who wrote (21374)	8/27/2001 1:09:22 PM
From: sea_biscuit	Respond to of 24042

Yes Addi, I am exasperated, but not for the reasons you think. I am ticked off by the bullishness I see even as we keep going down. That can mean only one thing -- we will go down even further. If this bear-market has to end, the bullishness has to give way to despair. I am not seeing that and it is so damn exasperating. Regarding making money investing in techs, you know very well that the largest portion of my portfolio was in LSI, plus a few tech mutual funds. And you know that I got out of all of them when things were still rosy (between Jan and August of last year). So, why should I be upset for missing out on the trend? Not at all. Certainly not when I see that those who were married to the trend, are getting their clocks cleaned now! Coming to your projections of 50% to 125% annualized gains in your stocks (500% gains in 24-48 months), I certainly hope that you are the exception. I hope that the majority is fearing huge declines rather than salivating over the possibility of such huge gains. That sort of bullishness is scary -- it means we have several floors to go before we get to the basement.