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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST

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To: Monty Lenard who wrote (51317)4/11/2001 11:01:14 PM
From: Ed Forrest  Read Replies (1) of 77400
 
Too much too soon Ed. Bear markets do not end that way.

Monty

I cannot disagree; I'm looking for a pullback Friday.

Based on the fact that the futures are as of right now up and with Cisco closing strongly in AH I am hesitant
to call the inevitable retracement earlier than Fri.

If Juniper reports the negative numbers the market expects and perhaps negative forward guidance tomorrow it could throw the present market momentum for a loop.

Conversely the market could shrug it off as its done of late and continue on its upward path.

Even if this is a “bear trap”,” suckers rally” or whatever it turns out to be the overall mood of investors and the market have, for the most part, turned brighter.

Ed
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