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


To: The Phoenix who wrote (34331)4/24/2000 7:19:00 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 77400
 
Gary, this thread is perfect for you.

Subject 32146



To: The Phoenix who wrote (34331)4/24/2000 7:55:00 PM
From: JRI  Read Replies (1) | Respond to of 77400
 
Gary.....does your new view negate what your "cycles" guy said now...that the 26th was a major downturn day for the market..

My view: I agree that Thursday's data will be a turning point...either (it will be worse than expected) and it will end (what I think will be) a pretty good 2 day rally for the Naz (Tuesday & Wednesday) AND send us back down (likely) to 3300-3500 range OR it will BETTER than expected and launch us up to a 3800-4000 plateau..

Either way, I think the lows have been set...we are just going to determine if we make the next step up now or later..big move likely later in summer...back above 5 by year-end



To: The Phoenix who wrote (34331)4/24/2000 7:56:00 PM
From: Jon Khymn  Respond to of 77400
 
>> buying on big volume
at the end of the day was powerful<<

Indeed, it was quite powerful...
and quite a surprise... caught the tail end of it today.

As the Naz recover, the leaders will bounce back first.