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

To: Monty Lenard who wrote (43176)	11/8/2000 7:56:11 PM
From: chic_hearne	Read Replies (1) \| Respond to of 77397

They are just going to get what they paid for. ;-) What is really kinda funny is that it was oversold a while back but not any longer. Technicals have plenty of room now. Monty, I remember posting to you about a month ago when the Naz retested the April lows that the technical damage was incredible this go round. Aprils debacle could be tolerated, but Octobers has really killed the technical picture. There's nothing but air and single digits under many of the high flyers. At some point soon, we will just have to throw the technicals out the window and go short because it won't matter any more and the picture will look confusing as we keep going lower. Looking for a dead cat after Gore concedes to Bush, then more down. chic

To: Monty Lenard who wrote (43176)	11/8/2000 8:00:27 PM
From: bambs	Read Replies (1) \| Respond to of 77397

You can through the TA out the window....play the bounces if you like but TA don't work so well on companies that are way over valued. What was the TA telling people on LU or NT before it gapped down on earnings. Holding over night long any tech in this market is gambling. I'll continue to play the day and get my 4.5% interest at night. My account is also government insured...may come in handy down the road. Bambs