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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.71

+0.9%

12:18 PM EST

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To: michael97123 who wrote (45815)	1/3/2001 10:18:34 AM
From: chic_hearne	Read Replies (2) of 77400

Yes, and if the fed acts stongly the market should begin to price in recovery. "In 1929, the N.Y. Fed cut rates from 6% to 3 1/2% in just 7 months. When confidence vanishes, this is the result." services.elliottwave.com To put it bluntly, a rate cut will be the rally to go mega short on. If you fight for these last 500 nasdaq points you may get hurt. I agree. I'll probably tone it down at Naz 1000 instead of holding out until Naz 500.

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