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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 86.75

+2.3%

Feb 9 3:59 PM EST

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To: Jacob S. Rosenberg who wrote ()	5/22/2000 2:46:00 PM
From: bambs	Read Replies (1) of 77400

If not today...there is always tomorrow. I doubt any real uptrend can hold. It's wishful thinking to be buying the dip here thinking this is the bottom. I don't think you can call these bounces head fakes...I think it's more of a fight. There is a big group of traders looking to buy the bottom, another looking to support stocks like CSCO at 50 and/or double down, another looking to cut losses, another looking to short all rallies, and finally those that are short long term and are sitting and waiting to trying to decide when to take the profits. I figure we will bounce down a long flight of stairs for the hole summer. Rallies dying with lower highs and then slipping back to lower lows. I expect at least one 400-500 point crash on the NAS before summers end. Bambs

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