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


To: Mick Mørmøny who wrote (40131)9/26/2000 4:11:00 PM
From: JRI  Read Replies (1) | Respond to of 77400
 
We are still in the "jitter" period before earnings...sentiment should improve rest of week, and get better next week too (assuming of course, no other big tech company warns)...Also, some money will be put to work before Friday (end of quarter)...

I am guessing that we could start to see some turnaround tomorrow...Naz down 4 days in a row. Also, we are getting close to retesting Friday's lows, which is what many technical folks wanted anyway...if low holds, then buying will come in...(buy the re-test)

What does this mean for Cisco? Don't know...but I reckon 55 will hold tomorrow...If it does go to 50, its gonna take a mack truck to drive thru that resistance, IMO...