OT - Network stocks. Here's something you don't see every day: INFN down 10%, Cien down 6%, ALU down 3.4%. Yes, the betas have always been high, but never this high IRRC (except ALU, but that was on NOK acquisition announcment). The funny thing is, I can't find any news, except for things like Benzinga (always suspect) asking if 'fiber optics is the next hot sector' (well, that along with 'Lincoln's Been Shot'.)  Bought another chunk of ALU yesterday @$3.45. Tempted to wade in here as well - except that lt cap's call of at least a correction in late summer, if not worse, seems to be shaping up; or rather, the market seems to want to head down and any news will do. (Read a story where an anlysts was saying 'neutral news is bad news', as the market goes negative for the year.

Perhaps I'm just not reading the right sources - but I would expect these outsized losses to be attached to some piece of news, as the market itself isn't performing nearly this badly. I'm sore tempted on ALU (and mulling more CIEN or INFN, both of which I  have options on that are  close to or underwater on strike price.) But ALU has dropped steadily day after day, with no sign of firming up a bottom. Strange stuff. Maybe the 'stuff' of a buying opp - hard to say.