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


To: michael97123 who wrote (36961)6/2/2000 1:08:00 PM
From: The Phoenix  Respond to of 77400
 
A hunch...

Buying on the good news in the morning. So I sell into the strength....

Later in the day those that don't want to hold into the weekend will sell so selling volume will pick up and stocks will sag. I'll buy then. I expect Monday to be very good since buyers have seen a good week with postive news (at least for the market) and will devote more cash to securities.

I see no reason to be buying into this strength... that's why I bought earlier in the week. I'm taking some profits now - will take some positions later - and look for more bullishness next week. HOWEVER, I'm sticking with gorillas.

OG