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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread
CSCO 77.49+4.7%12:18 PM EST

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To: Monty Lenard who wrote (53)11/16/2000 7:02:45 PM
From: bambs  Read Replies (1) of 253
 
time to retest that 2850....I think next week we could see a nas 2500-2600 move. Then we have the dead cat bounce and failure to get back over 3000. Then we can start earnings warning season. And follow that up with the christmas slow sales news...and finally individual investors tax loss selling season...what happened that that fall rally I kept being warned about by the bulls? I guess there is now time for that this year...everyone too busy selling bloated over valued pig stocks. the blood on the tape today was really ugly. The little garbage high flyers that i short each day had some major selling. people preferencing below the market and bailing out of stocks on down ticks. no doubt...major real selling..

bambs
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