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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.17-0.1%1:07 PM EST
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To: Monty Lenard who wrote (50994)4/3/2001 8:33:11 PM
From: bambs  Read Replies (1) of 77400
 
they are all a pack of idiots on the show...i've been watching cnbc every damn day for over a year and it's like once a day for 2 minutes (if i'm lucky) that i hear something that is insightful, true and accurate. I just made a change to become a home trader. So, I can finally give myself a break though out the day. I recommend the playboy channel to pass the time when you are short to the hilt and have now buying power left and you are just watching the market slide. It helps to pass the time. I shorted huge friday and maxxed with margin monday morning. I expect a crash in the next two weeks. So, I thought I would go for it and try to make some real cake. I don't really fear the Dow at 10k. Where's it gonna go? I loaded in on monday around 10:30 as the dia ripped over 99 and peaked just under 100. I have a nice profit pillow now so I am just sitting and waiting to see who all warns this week and how bad it will be. I expect the dow to crash on a break of 9000 if it comes this week. I will look to cover in the low 8000's some time this month if it happens.

Then I think we will have a tradable bottom until the fall. That's when i see the chapter 11's really starting. and the massive layoffs hitting the economy. Also, I see the so called government surplus gone this year. and those idiotic projections will need to be changed.

I think it may be time to fire up that Debt clock in NYC

bambs
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