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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 82.36+1.5%Feb 5 3:59 PM EST

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To: RetiredNow who wrote (55346)9/17/2001 10:06:26 PM
From: larry  Read Replies (1) of 77400
 
Mind,

The retreat is too orderly for my liking. Briefing.com has formally joined Abby Cohen for totally losing credit for predicting the outcome of the market. BTW, I think that the bulls have to be shocked that the stubborn woman finally reduced her SP target price by 10-15% this morning. Considering that she only reduced the target 3% last time (1550 to 1500), the magnitude of reduction is still pretty shocking.

I hope that the market is going to reach a bottom soon. I really want to establish some long term long positions and I am getting tired of waiting. But my gut feelings and the reality told me that this is far from over. And considering the fact that I have been pretty accurate predicting the market since summer of 2000, I don't want to bet against myself, as of yet.

good luck,
larry
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