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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.12-0.4%3:59 PM EST

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To: tradermike_1999 who wrote (54434)8/9/2001 4:15:42 PM
From: Jacob Snyder  Read Replies (2) of 77400
 
re: Don't be a victim of the tech wreck. Be in a position to profit once the dust settles.

I'll go to 100% cash now, if you promise to notify me, the day before the dust has settled (so I can get back to 100% long). Does this sound like a reasonable plan?

BTW, I went to 70% cash in January 2000. Telling people, now, to get defensive, is about a year too late. Now is the time to be trying to catch the bottom (carefully, incrementally, while still lightening up on the rallies).
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