SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: ownstock who wrote (23169)12/4/2002 6:00:04 PM
From: minorejoy2000  Read Replies (3) | Respond to of 24042
 
It is an enormous upmove, considering I sold all my shares (and they were many, for me) while I was on vacation in early October and stupidly found nothing better to do but watch cnbc so I could get spooked into selling for tax loss purposes (1.70), and figuring, well, market's going nowhere in the next 30 days, so I'll get my shares back. Right. I still want to accumulate this stock when it gets back closer to my last sell price. The tax loss deductions on this one alone will carry me through 2049. (Sigh)
Good luck, all.
Mino



To: ownstock who wrote (23169)12/6/2002 4:31:09 AM
From: robert b furman  Respond to of 24042
 
Hi Own,

It was a nice tide wasn't it.

Interesting that this last Rally took price right up to it's 200 day moving average.

Bumping off of its 200 was to be expected.Now we most likely need to backfill and test the 50 moving average(2.42ish).One positive note about the 50 day moving average - it has begu to rise for the first time in many months.

I don't think we're out of the woods here yet.The stock has developed a healthier look but it is far from strong here.

I suspect more wallowing in the composte pile.Balance of power has undergone a positive change in character.That suggests systematic buying / accumulation.

This stock now looks like it will actually survive but it isn't renewed or healthy yet,

Always expect a fianl shakeout - or in this case a return to the low 2's or high 1's ??

Bob

BWDIK