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JDS Uniphase Corporation Message Board

  • alan.1010 alan.1010 Mar 26, 2013 9:42 AM Flag

    Pendulum swings to far in either direction

    The market indexes and individual stocks will act just like a pendulum.
    Over react in either direction.
    That's what Jdsu did last week on the down side.
    Perhaps now it will swing back to an average middle or to far to the upside depending on momentum..
    I don't trade in and out and I don't pay attention to daily prices.
    Buy and hold medium time frame, don't trade in and out and don't buy more shares than I can afford to loose but enough so that if I am correct I will do handsomely well..
    Those who message me at my personal email (chuck), to say lol... at a $2 drop from $15 to $13 can continue to do so. I am un phased by swings and have a time frame to sell regardless of action.
    $20 by the summer on Jdsu. Whether that be June or September I don't know and don't care since I am confident it will happen. If it doesn't, I am in at average around $10 and have a sell limit slightly below that number which I don't anticipate triggering..
    Slow and steady will win every race in the long run.. But if the race is lost, and some will be, just don't get hurt to bad so that you can run in the next one.. Common sense.. Bet with your head not over it. Work your day job to make your every day real money and the market will/can be a well paying hobby.
    Good luck to all!

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