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

To: The Phoenix who wrote (40655)	10/12/2000 10:48:05 AM
From: JRI	Respond to of 77400

The Nasdaq bounced really well off of 3100-3103...which was yesterday's intraday low...so, technically, you could argue that we have set a low and retested.... Csco, Sunw, EMC, etc are coming back/holding up very well here...Strength is the semis now, quality new, news are holding up very well... I guess (a big turnaround day is possible, but) it all depends on (1) if the Naz finishes GREEN, (2) volume remains heavy (3) A/D line is strongly positive (which it likely will be if Naz finishes up +40,50).......of course, the 3100-3103 needs to hold today.. S&P 500, Dow had to have its "flush out" day (S & P had rollled over)...perhaps today is that day....we'll know by the close..