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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.57-0.4%10:33 AM EST

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To: RetiredNow who wrote (54576)8/19/2001 1:50:20 PM
From: Jerome  Read Replies (1) of 77400
 
Hope on the short term horizon.....

Reading the latest issue of Bloomberg Personal Finance, and an article by Bernie Schaffer (page 30 &31), the following point was made....."when sentiment is very bearish ahead of an event, the odds increase that the stock will react positively, and the negative reaction will be very muted"

That is where we are at now...bearish sentiment ahead of the Fed meeting.

A secondary measurement would the put/call ratio in the days preceding the anticipated event. A high ratio of puts to calls would be very bullish.

I don't know of a site that gives a daily put call ratio for CSCO, perhaps other thread viewers might know of one.

Regards, Jerome
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