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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.39+1.3%Nov 19 3:59 PM EST

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To: The Band Leader who wrote (33327)4/3/2000 10:42:00 PM
From: The Phoenix  Read Replies (2) of 77400
 
Band Leader,

Glad you're feeling full of yourself but you didn't pick CSCO's fall you simply got lucky in that the NAZ is in a beautiful correction. The difference is I'm long the NAZ but am smart enough to see a market extended which is why I was holding QQQ puts which I sold today for a very nice tidy gain. So I'm quite happy - just not as full as myself as you are.

In the meantime I'm also smart enough to know that CSCO's capitulation when complete is the first signal that the NAZ will run again. I'm also smart enough to know that CSCO's activity today had nothing to do fundmentally with the company or investor sentiment in the company only in that it's a great place to raise cash for those looking to re-enter into other securities, or cover margin. I find it quite humorous actually that you really believe you called something. I guess it must be the first time you got lucky. For most of us we realize it when we got lucky and laugh along with everyone else. You actually believe you called something.... please enlighten us on the next move to prove to us all your presience. Better yet, please fill us in on your picks... just one would be fine.. and of course the movement tomorrow and next week on CSCO. Sheesh!

OG
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