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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 82.19+1.3%9:49 AM EST

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To: bambs who wrote (44121)12/5/2000 9:43:51 AM
From: t2  Read Replies (1) of 77400
 
Sure, a lot dumb money could be coming back those people were pretty smart to realize that election uncertainties will not help the markets rally.

I do feel a lot of the money was from overseas investors who may view political uncertainty a bigger factor than most do here.

There is now reason for many mutual funds to start putting money back to work.

The money flow effect can in some ways be similiar to the way money kept going into internet stocks.

My feeling is that there are too many positives and that momentum may take over.

In addition, I am pretty certain that those that benefitted from holding money market funds may be itching to get in at what they may feel is a market bottom.

BTW--I think we will see some attempts to sell off this market but in the end we are headed to at least 100 point Nasdaq gain. I am hoping for about 150.
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