J#
<<With coms,cs having troubles, with the cost cutting strategies of various managements clubbed with the E-Asian problems and its
own blown up supply channels do u agree with my above opinion.>>
Found your comments/perception interesting and rather "bearish" including those on the mohan's thread....but I certainly agree that due to the E-Asian situation , we aint seen nohting yet!
On the other hand, CS, COMS, and CSCO have been beaten up and are rallying. CSCO will undoubtedly test the 60 area and COMS the 38-39 resistance area...CS has had their share of troubles but the stock may recover from here after having closed above the recent 15 1/2 high. IMHO these stocks have been oversold and untill they test their respective resistance levels, shorting in here is gutsy...certainly, if CSCO came down to 52 or 48 I'd be a buyer, BUT dump or go short at 47! I think CS is a buy in here and bought ITM Jan calls today.
Quite frankly, am glad htat there is so much bear talk!!! Maybe the NASZ will turn up! BUT, could all be one big bear trap!
sweet dreams...
J$ |
