SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Eric who wrote (41964)10/31/2000 4:13:59 PM
From: michael97123  Respond to of 77400
 
"What a nice move back today! Looks like a run-up to earnings. The CC will put a damper on the Gloom and Doom crowd."

Much ado about nothing. A recession was never in the cards. Just pure market overreaction just like when nasdaq hit 5200 back in february. The only question was how low they would take us. I thought that we would break 3K but apparently this has held for good i hope. Soft landing is a greenspan specialty and look for him to give a boost to christmas shoppers, the euro and moderate politicians by lowering interest rates before the end of the year. CSCO Monday should give us a good election day and the EDay outcome should be bullish by removing the uncertainty. Either guy with a modified agenda will do OK. Greenspan will temper bush taxcutting or gore overspending and again when in doubt pay off the debt which has been the prescription for lower interest rates and prosperity. The bull market though bloodied continues from here.



To: Eric who wrote (41964)10/31/2000 5:17:28 PM
From: Ed Forrest  Read Replies (1) | Respond to of 77400
 
It's nice to see fear taking a back seat.

Eric
Indeed,tomorrow will,in my opinion,perhaps could be one of the most important days of the year for Cisco longs.

My reasoning is that if we do not extend todays move and, in view of the traditionally
favorable months ahead of us,we could experience rough sledding.

That said,I do not see it happening but am exercising
a modicum of caution.

Cheers
Ed