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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 77.99

-0.2%

Dec 23 3:59 PM EST

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To: bambs who wrote (48962)	2/16/2001 8:19:09 PM
From: RetiredNow	Read Replies (2) of 77400

Well, it's starting to look like we might have a real recession before we recover. I think the Fed moved too strongly last year. That last .5 hike in July/Aug '00 did us in. So it cracks me up that they are still talking about a soft landing. The truth is we are in the midst of a hard as a diamond landing. Only that diamond turned out to be a cubic zirconia. LOL. We probably won't see a pull out until first or second quart of 2002. So my conclusion is that if you have cash on the sidlines, like I do. It might be a good idea to wait until the shit hits the fan some more in April. Then you are going to get the mother of all buying opportunities, if you are a LTBH. Because I think we'll trade sideways for the rest of the year as the Fed and Congress battle the impending recession. Then we get our recovery next year and your purchases in April will start to look good. If you don't have that kind of patience, then you can trade the sucker rallies like mad. I for one am looking to buy some more BRCM now that it is finally getting into a price range I really like. Good luck all! The next year will try us terribly, but if you hang in there and avoid margin, we'll all be ok.

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