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


To: Monty Lenard who wrote (40690)10/12/2000 3:37:22 PM
From: chic_hearne  Read Replies (2) | Respond to of 77399
 
Monty,

Today all I'm seeing is they are desperately trying to rally the markets.

I can't imagine anyone crazy enough to want to get in when a war may be breaking out (I'd at least wait a few days to see what happens), so my guess is we have foreigners and scared investors exiting and it's the funds buying (using other people's money of course, what do they care).

Crisco reminds me of a person dieing a slow death. I see no reason to cover at this point, although I'm skeptical of a rally because I feel we are overdue. Bear market rallies are fast and violent, so they can cause much pain to us shorts.

I've been looking for some strength all day, but can only find it in oil and gold. -ggg-

[looks like we're gonna puke into the close, tomorrow might be fun]

chic



To: Monty Lenard who wrote (40690)10/12/2000 3:40:27 PM
From: Monty Lenard  Respond to of 77399
 
Chic, I am not saying you are wrong because I think you are right based on what I see but I had already covered my shorts yesterday and did not feel that it would be wise to REENTER here.

I think you are 100% correct....hang in there.

Monty