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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.40

-1.4%

3:59 PM EST

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To: RetiredNow who wrote (60300)	7/15/2002 7:08:08 PM
From: larry	Read Replies (1) of 77400

Mind, Sorry, I am one of the morons you are referring. This will shape up as no more than a tradable bottom. Nothing more. The volume is pathetic. Lots of traders (or survivors) on the sideline anxiously looking for technical signal to get back to the market. Last week it was VIX. Today was the VIX + 90% down volume. Sorry folks, none of the problems are solved: dollar is going to continue to weak, foreign investors will keep folding up the table, consumer and government debts will keep piling up. Without creative accountings, how can these firms show any decent earning growth? I think that all the major tech firms will eventually be forced to expense stock options down the road by no other than investors. Enjoy the great trading opportunity. I traded PFE and DUK for some decent one day gains. Didn't get the QQQ calls. Too high premiums and too low put/call ratio. The greatest bear market in human history won't end up with traders lining up to catch THE BOTTOM. No way. And... thestreet.com good luck, larry!

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