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


To: bambs who wrote (36349)5/23/2000 8:04:00 PM
From: Larry Brew  Respond to of 77400
 
bambs, << Your CSCO bearish sentiments >>
Last week I looked at technicals and projected CSCO at a
low of 47 and the Naz touching 3140 this week. Recently
someone posted "A bear market has no support." How true!
Between that comment and your strong stance on CSCO going
to #30 - #35 range and a Naz of 2200 - 2500, I thought
I'd take another technical look this evening. I still stick
with the Naz touching 3140 this week, but longer term, I
don't see a bottom. Also longer term I see CSCO at $39.
Every day we're dealt a new poker hand. Hoping for a
bullish wild card. A bull market is a lot easier. :-)
Larry