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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (38701)	1/31/2000 5:36:00 PM
From: Benkea	Read Replies (3) \| Respond to of 99985

dennis: IF I was going to trade this very dangerous market (look at the volitility since Jan 1 - never ever been seen before), it wouldn't be CSCO. CSCO's market cap (excluding HUGE options grants even) is against my religion <g>. The law of common sense says the upside in it and MSFT is extremely limited. I mean what are they going to be worth more than GDP or something? I was so darn close to pulling the trigger at $100 on CMGI, for a trade, words can't describe it. That was about a 38% retrace from the high. I still think I'll pick it up closer to $65 before it has any sustainable rally (I just hope the AltaVista spin off date is not announced before it gets there).