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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-1.3%Jan 2 9:30 AM EST

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To: SouthFloridaGuy who wrote (17659)10/3/1998 3:54:00 PM
From: larry  Read Replies (1) of 77400
 
I can't argue with you that of the great seven, CSCO and LU are the weakest, period.

I think that we are going to test new low in the future, but not after another huge rally that can even send the DOW back above 8500. The market sentiment is way too bearish and the put/call ratio is at historically high. Coupled with the factor that a majority of stocks are way off their 200 DMA, I guess that the market is up from now on. At least for several months.

The real crash, if there is one, should happen mid 1999.

good luck,
larry!
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