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

To: JRI who wrote (36487)	5/24/2000 3:59:00 PM
From: bambs	Read Replies (2) \| Respond to of 77400

I think the china news saved the 3000 break today. I think we could see a rally for a couple of days of the deal but then we have the reduced earnings to worry about and part shortages effecting revenues for techs. For the record I am not a short or a long!!! I am a dirty little daytrader! I don't really give a crap where this market goes as long as I can play it right. I'm in cash every night! Oh, BTW, I should correct that...I'm in more cash everynight! LOL. Bambs And for Mikey...I do loss money 1 out of 4 days a week. But , on average the one day loss is smaller then my smallest profit day. Nobody is perfect.

To: JRI who wrote (36487)	5/24/2000 3:59:00 PM
From: SyncMan	Respond to of 77400

I'm very confused. Yesterday was a Disaster. Today was Incredible. Two days ago, we saw the bottom. 3 Days ago we hit the bottom. Which is real? The economy is still good. Inflation is probably backing off. Big Tech still has what many consider to be unreasonable P/E (hope it always does! :) Look at the weekly chart: siliconinvestor.com It looks like we're just in a little holding pattern. I think it's all an illusion. Wait. Everybody is getting much too involved with these daily moves. One things seems clear. There are some BIG money players out there (or a whole lot of smaller ones) that desperately want to keep CSCO above (or at) 50. So acculumulating at 50 would seem to be a good strategy (or a good place to cover). But if we break south of there.... :( I know I'm talking about breaking south on an up day, but I remember yesterday pretty good. :)