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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.75-0.5%Nov 11 3:59 PM EST

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To: Victor Lazlo who wrote (50717)3/30/2001 10:13:22 AM
From: Yogizuna  Read Replies (3) of 77397
 
Yes, things look pretty dark out there now and into the foreseeable future, but the Nasdaq and stocks like Csco are so oversold right now -- the proverbial rubber band is so stretched out the downside/darkside now, that the odds of a significant bear market rally appearing fairly soon are relatively high in my opinion. After this upcoming bear market rally, then we will probably have another leg down into the fall to test the lows or form a W bottom, and then the traditional Santa Claus rally should set in, but I'm getting too far ahead of myself here..... <g> Visibility is poor right now, but the cold fronts of fall should clear most of the dense fog away.
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