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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: jcky who wrote (54133)1/4/2001 2:13:49 PM
From: AllansAlias  Read Replies (1) of 436258
 
Yes, I went neutral on this market on Tuesday and posted same on three threads. Now, I am no longer neutral and am convinced that going long on weakness is the strategy for the next number of days.

No, there are absolutely no companies I would buy and hold here. None. If you believe that $30 is too low for CSCO in the long-run as a low, then I believe that you are a clown. There may indeed by some winners in the long-run, but it is like trying to find the boat that flies on a sinking tide (from the timeframe of say, quarters, not weeks).

V, W, saucer -- who cares really. We get our sideways/up for God knows how long and then we will start another leg down and you and others will never believe that CSCO can easily go to $18.
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