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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.42+1.9%Dec 19 9:30 AM EST

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To: Jerome who wrote (54185)7/27/2001 12:25:33 AM
From: Ed Forrest   of 77400
 
What we have seen as of late is a two or three day rally followed by a three to five day collapse. I will rebuy my CSCO shares on Monday at about 18 .75 to 19.00.

J

That is so true.

I'm in cash having bought today too early 18.43 and then compounding my misjudgement turned around and sold too early 18.90.

I take solace in the fact that one cannot go broke selling early.

Today was a real nice swing day.

A bit surprising the last couple of hours. Almost straight up and I'm left wondering why.

Futures up 13 now, not as much as earlier but I expect a follow through at least early on of this afternoons movement.

The ship may have left and I'm not a passenger. :(

I’ll be waiting for the 1-1 1/2 retracement.

Cheers
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