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

To: bambs who wrote (38911)	8/7/2000 9:08:05 PM
From: The Phoenix	Read Replies (1) \| Respond to of 77397

Bambs, Let's be honest with one another. It's clear you hold a tremendous amount of animosity here... and anything you say can't hide it. BTW: did you note NT actually has a higher forward PE than CSCO.... What do you think about that? Love to hear your comments on that one. rode it from $68 - 56 1/2 when it bounced off 55. Then next time it tried $70 and failed I said I was shorting again. $68 1/2 that time...I even sent you a private message to let you know that I was covering half my short at $55 and would let the rest run. Bambs - that's a total fabrication, not withstanding that CSCO went to near $70 and subsequently backed off to $55 or lower only once.....Seems to me you're recreating history. I have asked you multiple times if you were short... you never came clean so I have assumed (I presume accurately) that you have no money to invest. Indeed Bambs, it's my opinion that you're here just to get under the longs skin. I will tell you this.... and I know you won't believe me..... but there are more ways to invest than day trading. There are people out there that have systems as good, maybe better than yours, there are even numerous multi-millionaires on this thread. What alienates you is that you believe... I know you actually really believe ... that you are gods gift to investing. And well... pardon me, but that is indeed one of the most pathetic and laughable things on SI. So, while you were at one time a bit of an irritation - you have quickly turned into comic relief. OG

To: bambs who wrote (38911)	8/8/2000 10:08:57 AM
From: The Phoenix	Read Replies (2) \| Respond to of 77397

You short yet? Now's the time....

To: bambs who wrote (38911)	8/8/2000 12:48:20 PM
From: Don Pueblo	Read Replies (2) \| Respond to of 77397

CSCO will remain a great short at the $70 level for the next year. Uh...you might be wrong. No offense intended, but you might. Forget about the company. Let's look at the chart. Pure TA. I'm not sure how you are reading the chart, but if you are assuming that the stock will bounce down from around 70 for the next year (a bold statement) please consider: The all-time high is 82. The down move from there bottomed out at 50. The subsequent move back up has stopped at 70 on three occasions. The "obvious" conclusion would be that the stock is a good short at around 70. 20 divided by 32 is .625. Sound familiar? It's close to 61803, the Fibonacci number. Now, before you poo-poo me, just take a look at that. The recent bottom was 50, the recent top was 70, and the stock retraced back to 57.5. 12.5 divided by 20 is (drum roll) .625. This would suggest that the stock is doing something that can be predicted. Uh...yeah. I know. Yeah, that's kinda how I called the recent bottom. That's how I'm long at an average of 60.50. Heh heh. So what's gonna happen? There's no "range" for the next year. You're dreaming. I don't mean to be blunt, but you are. The stock is going to make a move. The question is...which way? The long-term trend is up. You want to call the top at 70, but the top isn't at 70, the top is 82. And if the long-term trend is up, then I suggest you look at the weekly chart and see if you can tell what is probably going to happen. If you short it at 70, you better cover if it breaks through 75, or I guarantee I will take your money at 81 5/8. Nothing personal. Business. If it breaks down through 56 before it hits 81, you win, and I apologize publicly to you. Good luck! TLC