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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.25+1.6%9:58 AM EST

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To: tonyt who wrote (50886)4/3/2001 3:06:14 PM
From: bambs  Read Replies (1) of 77397
 
don't get me wrong...i'm with you on csco going under $10 in the next year...I'm just saying that it's gonna sell off as we wait for the warning...then it will gap down and likely trade higher from the open, after the warning. It may likely open at $10. I just think that the csco warning and resulting gap down will market the bottom of this move down in april. The nas could likely be around 1400-1450 at that point.

I'm short the DIA to the max. worked in yesterday morning and some over the weekend from friday.

I don't plan on covering unless we get a massive rate cut this month or we get down to around dow 8000.

bambs
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