VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Cactus Jack who wrote (51129)	5/8/2002 9:36:57 PM
From: Clappy	Read Replies (1) of 65232

Jpeg, Ironic reading it today, when the perceived catalyst for todays massive rally was John Chambers describing Cisco's quarter as a "home run". Cisco is selling inventory that it wrote down as worthless last year and booking it as profit. Well put. That was excellent. Even I can hit a home run when batting at the warning track... On a different note... I've come to realize that the market moves in directions and the media applies the news as the reason. The reason why the market went up today was because it was supposed to. The media and false reasons applied to it helped it to go up more than it should. It will come back and do something else that the media will put a label onto. CNBC, Bloomberg Radio, and nearly every stock website simply crack me up with the way they twist everything to fit into some sort of logic. -OhBrotherP-TouchLabelMaker <edit> I should have realized V would have been here before me to say the same thing sort of... Next time I'll read ahead...

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