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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.70+2.2%Jan 27 3:59 PM EST

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To: The Phoenix who wrote (34331)4/24/2000 7:55:00 PM
From: JRI  Read Replies (1) of 77400
 
Gary.....does your new view negate what your "cycles" guy said now...that the 26th was a major downturn day for the market..

My view: I agree that Thursday's data will be a turning point...either (it will be worse than expected) and it will end (what I think will be) a pretty good 2 day rally for the Naz (Tuesday & Wednesday) AND send us back down (likely) to 3300-3500 range OR it will BETTER than expected and launch us up to a 3800-4000 plateau..

Either way, I think the lows have been set...we are just going to determine if we make the next step up now or later..big move likely later in summer...back above 5 by year-end
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