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


To: RetiredNow who wrote (40617)10/11/2000 6:18:41 PM
From: Eric  Respond to of 77399
 
The weak hands are disappearing fast here. A lot of people bought on the way down and are now selling so I'm starting to see some capitulation out there.

The day traders are getting hurt pretty bad, especially if they haven't been doing it for more than 10 to 15 years. They just don't have experience to deal with markets like this.

Some of my buy orders came very close to executing today. I'm looking for just a little bit more pain...I'm starting to see some real fear out there for a change.

Time will tell.

Eric