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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%3:59 PM EST

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To: Ed Forrest who wrote (54736)8/27/2001 10:55:07 PM
From: Jerome  Read Replies (1) of 77400
 
The best contrary indicators...................

.

What are the best contrary indicators out there?

1) Put call ration?
2) No good news on the horizon?
3) No further bad or deteriorating news about a company?
4) Agreement by the talking heads on CNNFN that there is no catalyst to move the market upward?
5) Lack of call premium on the semi-equipment stocks?
6)A deteriorating stock market in the face of seven Fed rate cuts?
7)The umteenth prediction of why the Nasdaq has to retest 13, 14 or 1500?
8) The constant refrain of the logical set why stocks are still expensive?
9) The consistent no show of the "killer Application" that was going to save us all, (not to mention our portfolios)?

So all these things being true.... the bottom is probably past.

I posted this on the AMAT thread but it is the basis for my optimism on CSCO at current price levels.

Regards, Jerome

Regards, Jerome
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