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Old 09-22-2006, 12:50 AM
wallmann wallmann is offline
Join Date: Sep 2006
Posts: 11
Default JDSU to split

After the bell we saw this: "JDSU announces 1 for 8 stock split". There are some who will tell you that reverse splits are good, but over the years I've only seen them used in desperation situations to save a company from falling apart. Is this one any different?

Tip On Trend Reversals

Sometimes when a stock is on a downtrend it bounces off intermediate
support levels for a few days before declining further. Look for it
to hold this support level for a few sessions and break the downtrend
line before calling it a trend reversal.

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