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


To: bambs who wrote (40105)9/25/2000 8:05:56 PM
From: Monty Lenard  Respond to of 77400
 
bambs, ran across that a number of years ago and have only seen it a once or twice that I remember. Awesome.

Monty



To: bambs who wrote (40105)9/25/2000 8:36:10 PM
From: The Phoenix  Read Replies (1) | Respond to of 77400
 
Rick Ackerman.... LOL!!! Just this side of Bill Parrish. I'm sorry bambs. I had an email discussion with Rick after a weak article he published back in April. His knowledge is pretty surface level.

As for the fellow he's referencing... I agree that things in the overall market seem very tenuous. One would be foolish to discount the issues with the Euro, Oil, and their impact on developing nations. One must absolutly be vigilant in this market.

I wonder though.... do you think the fact that we're already trading at 30% off the NAZ highs will dampen the effect. I wonder if you go back into history and look at those dates how close the market was to it's highs when the sell-off began. We've been in a protracted sideways moving market for nearly 6 months now and volume and volatility are actually increasing as we come into fall. I wonder, given the broad ownership of equities by individuals and investment firms how pronounced any sell off will be. In 1988 stocks were owned by more individuals than in those earlier years and the market was trading pretty strong up to that day in October when the "crash" occurred. We corrected pretty quickly from there. So, I wonder where the comments regarding a protracted 5-10 year bear market and a recession come from. I wonder how much of a correction we should expect (if any) given that we're already off 30% from the highs. I wonder how quickly the buy the dippers (as you like to call them) will rush to take advantage of the sale.

Just seems like some good stuff surrounded by a bunch of arm waving..... Just my 2 cents.