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 : CSCO - where's the bottom?!?!? Bear Thread -- Ignore unavailable to you. Want to Upgrade?


To: bambs who wrote (84)11/20/2000 1:08:28 PM
From: Techplayer  Read Replies (1) | Respond to of 253
 
bambs, you are joking, right? after reading the 6 months of garbage, insults and assorted bull that you spew over there, you want to hide in your own little hole? I thought that since I commented that CSCO was more expensive than many others in the sector and may be less attractive right now, that it would qualify as a bearish comment. I guess that I need to predict the end of civilization as we know it to be in agreement with you....<g> tp



To: bambs who wrote (84)11/20/2000 1:57:34 PM
From: Stock Farmer  Respond to of 253
 
Hi Bambs - Not fair to dismiss Techplayer, particularly as I hold similar view.

Techplayer posted he doesn't see the plummeting, and mildly bearish on the stock. A kind of "born again bear" view.

I too see it unlikely to slice this one in half quickly - unlike NT. When less busy, I'll post reasoning.

If hypothesis correct, this one has a 3%/month downward bias to the midpoint, with 20% swing range either side, any given week. Total 200-300 business days minimum left to run the course.

Strongly symptomatic of cuumulative long-term profit taking strategy affecting "growth" sector of market. Not anything to do with election (nice cover story!), just aggregate effect of wonderfully rational behavior leads up to "irrational" symptoms.

Swing trader's fodder. Wish I had the time. You must be making a killing!!!

John.

Disclosure: no position in CSCO. Nobody pays me to post. Advice is worth what you pay for, so it's your fault if you act on my worthless advice.