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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 3:59 PM EST

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To: stock bull who wrote (71157)9/27/2006 10:18:53 AM
From: RetiredNow  Read Replies (1) of 77400
 
No, August usually is a good month. Sept and Oct are usually the bad months. Sept is historically the worst month of the year for the stock market. This time around, it looks like the summer swoon we just had has muted the typical downswing in Sept to Oct. So maybe we don't get it this year. I'm still holding some money back waiting for an entry point. If the market doesn't dip by the end of Oct, then it's safe to say it won't dip until after Jan.

As far as Cisco goes, it looks like it's going to hang out at these levels until some information about how Q1 is going starts getting out. When the analysts start doing their channel checks, etc, we'll get a good idea whether this has been a good one for Cisco and that will be a catalyst for either another move upwards to $25 by Jan-Feb or for a little dip by Oct that could be an entry point. Let's see how it goes.
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