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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (4332)	5/5/2002 2:24:46 PM
From: SouthFloridaGuy	Read Replies (2) \| Respond to of 24758

Talk about a post of contradictions... On the one hand you state that major bottoms take years to form. On the other hand, you state that stocks like JDSU (and the fibre sector) had put or are in the process of putting in major bottoms. Given that JDSU broke down out of a major double bottom at $5, in what I like to call a reverse cup and handle, how can you even mention the term "major bottom" even in an observational context? It has no place in one's vocabularly at this point. The fact of the matter is that you were right in defining that major bottoms take years to form. The problem is that this analysis doesn't fit with the fibre stocks - or really almost any tech stock. One sector where the analysis does fit, however, would be gold mining stocks - which have been in a 3 year consolidation after the Asian Contagion spike. JDSU is at best a 50 cent stock, this figure represents where it stood at the beginning of the 1995 Nasdaq liquidity boom. The fact that you continue to defend your point in such an assholish way shows that you know a lot of theory but really have no idea how to use it to your advantage. My guess is that you have more in common with the unibomber than Warren Buffet.