Cisco Systems, Inc. (CSCO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.80

-0.3%

Nov 17 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Phoenix who wrote (44487)	12/13/2000 12:40:28 PM
From: chic_hearne	Read Replies (1) of 77400

Gary, I'm still mostly out of the market. The position I have in Crisco is long term. Much like your long term position, only that I'm short. Like you, I'm not going to flinch on every little bounce and cover. That's what my trading account is for. I plan to cover when my objective is reached, which is Crisco trading in the single digits. MAYBE it will bottom before then, but I highly doubt it. IF this election crap is finally over, I'll get back in to more aggressive shorts. While the market has been focused on this election, it seems no one has noticed that 55 tech companies have already warned. Give us a few days to get back to looking at fundamentals, and we'll go much lower over the coming months. At some point soon, I expect capitulation that may offer a tradable rally, but I doubt I will play it. It's just too damn risky for me to be in this market on the long side until the Naz gets below 1000. I'm fine sitting cash and riding it out if I have to. chic

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next