CSCO - where's the bottom?!?!? Bear Thread Message Board

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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread

CSCO 77.42

+4.6%

3:59 PM EST

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To: bambs who wrote (84)	11/20/2000 1:57:34 PM
From: Stock Farmer	of 253

Hi Bambs - Not fair to dismiss Techplayer, particularly as I hold similar view. Techplayer posted he doesn't see the plummeting, and mildly bearish on the stock. A kind of "born again bear" view. I too see it unlikely to slice this one in half quickly - unlike NT. When less busy, I'll post reasoning. If hypothesis correct, this one has a 3%/month downward bias to the midpoint, with 20% swing range either side, any given week. Total 200-300 business days minimum left to run the course. Strongly symptomatic of cuumulative long-term profit taking strategy affecting "growth" sector of market. Not anything to do with election (nice cover story!), just aggregate effect of wonderfully rational behavior leads up to "irrational" symptoms. Swing trader's fodder. Wish I had the time. You must be making a killing!!! John. Disclosure: no position in CSCO. Nobody pays me to post. Advice is worth what you pay for, so it's your fault if you act on my worthless advice.

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