Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (28786)	10/22/1999 4:30:00 PM
From: JRI	Read Replies (2) \| Respond to of 77400

t2...you are spot on...this smells of desperation (from bears)...financials are turning, and will continue to be strong (with passing legislation)...pharmas may be turning around here...and technology (with a few exceptions) has remained very strong...in other words, some strong pillars of next leg up on the bull market are in place...and Y2K fear is almost over too... Dow approaching 10,5.....a break to 10,6 and above will be very bullish, and force covering...some bears making their stand here...it must have been depressing for them (to go from 10 to 10,5 in short order)...10 held very well for longs.. (Now, watch all the (doomsday) commentators who predicted Dow going to 9,5 begin to state that their range was (all along) 9,5 to 10...so it "hit" their range...) November approaching...lots of money on the sidelines... It does stink, though, this rumor that wiped out a really nice day in a lot of companies....Bullish courage still light..but building... My, what a difference a week makes...