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

To: Techplayer who wrote (43433)	11/13/2000 7:29:45 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 77400

Let me ask you this. Have you ever thought about shorts covering at those support levels? I remember when I first shorted AMD above 90ish. It would fall and I would see the support coming and it would just SCREAM off the support and make me cover also. Then it would get shorted again. After the 2nd time the cowards covered at support and whipped me out I finally figured it out so I just hung tough. Anyway I can tell you a lot of that rally off support was short covering. Not saying all but a good portion. The shorts probably did as I did and went long asap knowing the bounce was coming. You know the newbies bitch and moan about the shorts but the lack of shorts has hurt them. Shorts are what gives a market selling down hard the support. MOnty