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Technology Stocks : INTEL TRADER

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To: John Harton who wrote (9234)3/13/2001 1:50:20 AM
From: Berney  Read Replies (2) of 11051
 
John, Glad to see that you are still around and kicking.

Seems that looking for a bottom in a bear market is just as difficult as picking a top in a bull market. I told a friend about a month ago that CSCO would find support at $26, and, if that broke, about $22; yet, here we sit. I'm in a ton of the Cubes at $46.60 and am reasonably comfortable with the weekly down trend line at ~$54. I agree that we get the run into Friday with the question remaining: from what level? An inner voice has told me that we will see $50.38 shortly, but I always question my inner voice. We'll see.

TB
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