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


To: lawdog who wrote (34242)4/20/2000 5:00:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 77400
 
lawdog,

Although we clearly don't agree about CSCO I do think being 40%-50% cash right now is a gooooooood thing. I'm 50% cash - waiting for the next dip. Today's trading was much better than I had expected. I was thinking 3525-3550 on the NAZ today.. but we didn't get there. I think next week will be a bit better. fwiw if this was a dead cat bound we'd have been back in the 50's two days ago. This is a classic consolidation pattern. That said I agree that the NAZ could soften again presenting another buying opp...

OG