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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.09+3.4%3:32 PM EST

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To: The Phoenix who wrote (47092)1/19/2001 2:50:15 PM
From: Eric  Read Replies (1) of 77400
 
Gary

Well it looks like we had the bottom and the Fed provided us with lifejackets! To me it's looking more like an additional 1/2pt cut at the end of January. If that's the case then the markets continue to rise off the bottom. It's a new multi year cycle beginning late last month.

I should have bought more but we should get a few more chances in the next few days hopefully. As we approach Cisco's earnings we should get into the high 40's.

It still rests with the overall economy and especially the Fed.

All the charts look bullish to me.

Eric
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