Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tony Viola who wrote (36717)	5/30/2000 10:17:00 AM
From: michael97123	Read Replies (1) \| Respond to of 77400

Joe B betting on bullish scenario that runs against current conventional wisdom at this point. I buy into it too. Greenspan is not an evil anti-business guy. He probably let the fed overstep in May so he can come to the rescue in June. Remember though Alan, nominally a Republican, is probably supporting Gore and he has a debt to pay to Clinton for supporting his Fed leadership and postitions for 8 years. In any case he will not hand the election to Bush by pursuing policy that will cause eco hardship beyond what has already been done. So look for the Fed to say no to more rate hikes as well as an announcement that inflation, although rising for a couple of more quarters, is under control due to Greenspan-Clinton eco leadership. That is the Battapaglia scenario.

To: Tony Viola who wrote (36717)	5/30/2000 10:22:00 AM
From: JRI	Read Replies (1) \| Respond to of 77400

Good sign....we are taking bad news (bullish Consumer Confidence numbers) and are rallying higher.... One sign technicians have been looking for! (pardon dangling modifier- but technicians wanted to see us rally in the face of something bad)..Volume needs to be higher today, but A/D looking good for a change.. Psychologically firming from mid-May meltdown (still a ways to go, but we are distancing ourselves from the drip, drip down days).. I agree that we now have a battle (short-term) between bears who are certain of a sub-3000 Naz, and bulls looking for a return of the good 'ol days...that is healthier than the "buyers strike" we saw a couple weeks ago..