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


To: The Phoenix who wrote (36828)6/1/2000 11:23:00 AM
From: michael97123  Respond to of 77400
 
GARY---There's a guy on the radio Bob Brinker who is a market timer, who has been uncannily accurate on his timing calls. He essentially bailed out of the market at naz4000 or so in january. He remains bearish but he called for a bear market rally to 4k or even a bit above on his show last saturday. So whether the bears or bulls are right we could have a window to 4k and then we need to reevaluate our posture going forward.
M Murphy who I subscribe to is calling for churning in the 3k-4k area with a breakout to the upside in the 4th quarter. In the Murphy bullish scenario a Brinker retest of lows could occur again at or near 4k nazdaq.
The most interesting thing is that I am 10% ahead of where I was when Brinker made his call while the naz is 12% lower. To me this makes the investing in quality long-term case as opposed to trading in and out.



To: The Phoenix who wrote (36828)6/1/2000 11:45:00 AM
From: michael97123  Respond to of 77400
 
When will we crack 60 convincingly?

Stuck at 60 like we were stuck at 50. Whats with csco and round numbers?