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


To: SouthFloridaGuy who wrote (33804)4/14/2000 11:26:00 AM
From: The Phoenix  Read Replies (1) | Respond to of 77400
 
OT...

all of a sudden I find 4 messages from some irate investor.

Here's the point .. and I'll say no more on the matter after this post.

The market has been moving south for a couple of weeks now.. and yes, the bulls are taking it on the chin...feeling some pain. Then in you ride (your first post here was at 1:41 4/12 siliconinvestor.com when CSCO was already trading at 65. Since then you've been poking and jabbing and saying "I told you so". It's like thowing gasoline on a burning man. Like twisting someone's broken arm and asking if it hurts. So, what kind of response do you expect from us? Of course we're going to take exception. I should go on to point out that TA showed support at 64, so please don't argue that you knew CSCO was going down because of TA... 64 was support... we broke it. Looks like 60 is going down too.. this is a very nasty market - no question about it. It hasn't been kind to any technology company out there.

So, when you come riding in here pointing to the obvious, highlighting the pain that the market is in and suggesting that you called it all along and that we're still going lower without supporting your comments - yes, you're going to have folks take exception to you.

That all said, I'll move on now. Go lick my wounds and wait for another day. Later..

Oh final point. Why are you waiting for 45? You either buy at 50 and hope support holds (putting in stops at 49) or you run for the hills.. There is no support at 45.. next support I believe is in the mid 30's. But then, being the technical expert you are you knew that... Sheesh.. can't believe I'm even talking about these levels. OUCHIES.

OG