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 77.38

-0.5%

Nov 18 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bambs who wrote (45037)	12/20/2000 4:45:07 AM
From: Eashoa' M'sheekha	Read Replies (1) of 77400

>>many bulls will be put out of the market on this hard down move in the next few weeks...margin will knock many out of the game<< That would suggest once a bull always a bull -- once a bear---bla bla bla....... That's not how it works for many these days. Many more people are trading the market, as opposed to investing in it, and playing both sides..even the MFUNDS are trading more aggressively .You yourself indicate you are a scalper... I am a position trader....I will cut losses quickly or let gains ride till I figure the trade is exausted. No doubt the die hards will or have already taken a hard hit,just as the HO's took it for quite a few years in the past. Never underestimate human greed.When this market begins to turn around in the next few months there will be a rush to get in " at the bottom of the next up-wave into 2004 " , which should see the NASDAQ hit 4500 under different leadership and DOW 14000. Those who are " in it for the long run " through MFUNDS are not cashing in their chips on this downturn.Those getting their RRSP's and 401's will be eager to put it to work in what looks like a " great opportunity ".The only negative out-flow I see is the foreign funds , which will quickly come back if/when things improve. They will improve , but unless there is divine intervention between now and a rate cut,margin calls and tax loss selling will weigh in for the remainder of the year, and the early part of earnings season has not been well lately. I believe there will be surprises to the upside in some sectors that have lowered guidance , as well I believe the SEMI's will recover on the backs of that...etc..etc... I've enjoyed reading your analysis and think you have a good handle on things shorter term, which should work well for your trading style, and you have proven to be more right than wrong on that basis.Hats off to you. Merry Christmas. KC PS: Hard to say where THE bottom will be.I think we hit it THIS year ..not next...but good trading ops abound.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next