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


To: bambs who wrote (36484)5/24/2000 3:39:00 PM
From: JRI  Read Replies (2) | Respond to of 77400
 
More good news for US market...NYTimes claiming Japan "cooked books" re: 4th quarter- GDP...growth was actually lower than previously announced....Bambs, Japan has sold off huge in the last couple weeks...given the (already) limited credibility of the Japanese gvt. to solve the current malaise...where do you think all the money on the sidelines (from Japanese investors, foreign investors) is going to go? Dollar up big today...foreign investors will get a big bang for buck going long tech here.......good tech companies beaten to death....some of that money is sure to go in the U.S. market, and into techs here... and during June, IMO....in fact, we may be seeing some today...

This is getting to be an impressive rally (if it holds)..some more good news in the next couple days could seriously damage worse-case bear scenarios...like 2200-2500..

Just callin' it as I see it....it is still early...but couldn't have asked for a much better day today...