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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread
CSCO 78.26+1.1%12:54 PM EST

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To: bambs who wrote (23)11/11/2000 6:00:58 PM
From: Monty Lenard   of 253
 
bambs, this market is so crazy right now on a day to day basis I just don't know. My guess is we close below 3000 Monday and CSCO goes to at least 35 38 area before this is over and it could easily go to 25ish.

I do think we are in a protracted bear market. I have had some say that this volatility and high volume is an indication of a market bottom but a true bear does not end that way. If this is only a correction fine but not a bear.

I think there has not been enough fear yet and really not any capitulation.

Now if we gap down big Monday I will go back long for a few days.

Monty
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