It's time for correction and selloff. MMs move money to other sectors for another similar pump....I predict 40% correction from this price level for both stocks. Both companies need to prove by next 2 earnings for real. Lets bet on it.
Shorties don't care about the growth of U.S companies; all they want is U.S companies keep lagging and under; and guess what???? China will dominate U.S economy and Shorties yourself will lose your job. You will be homeless like a DOG. Think smart and don't think stupid like a stupid DOG.....
To run the company more efficient, the companies will not hire as large as they had done in the past. They learned their stupidility after busted. Do not hope on it. To create moe jobs in US. Lower tax on them and salary needs adjustment...so, they move jobs back to US. For stupid hype on losing companies, shorting is a smart way. Lets bet on that.
In top of that, the market is in borrowed time for a correction. Almost 70% of the companies in the overall market are overvalued. The unemployment rate is high, the middle class is loosing buying power because of the income and we can see the proof in Walt-Mart latest financial statement. Ben Bernanke talked about a possible deflation if the inflation rate in US still so low.
Actually JDSU has had a 10 year correction which took it from $150 down to $0.25 and now back to just over $3. So actually what is likely to happen now is a 10 year uptrend. So shorting JDSU today is like going long back in 2000.
Why argue the facts of what the chart is telling you?