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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: Shack who wrote (10817)2/27/2002 11:23:03 AM
From: J.T.  Read Replies (2) of 19219
 
Cyclicals are leading this rally higher. Networking has bottomed and leading another charge out of a deep hole. Tech will play caboose and overtake in the next hard leg up.

CSCO is in the middle of everything internet, networking and tech related.

I don't question its high P/E and accounting "window dressing", but I would venture to say most all companies do this in one form or another to greater or lesser degree.

Best Regards, J.T.
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