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


To: jerryrom who wrote (44024)12/2/2000 6:46:45 AM
From: Monty Lenard  Respond to of 77400
 
LOL, who is this "EXPERT"? They are sure crawling out of the woodwork trying to get people to buy. Don't they know falling knifes will cut. I do. Been there done that. Never again. I will let you guys build a bottom then I may join you on the long side. Till then .... have fun.

This time there will be plenty of time to get in because this time is different. No V bottoms here. This market will HAVE to build a bottom this time.

Monty



To: jerryrom who wrote (44024)12/2/2000 8:40:04 AM
From: Monty Lenard  Respond to of 77400
 
"He who knows the enemy and himself will never in a hundred battles be at risk."
SUN-TZU, The Art of Warfare

financialsense.com

Holes in the Umbrella of the Curve and Rattles in the Tails
It is my firm belief that we have now entered a time period similar to the markets of the late 60’s and early 70’s. In our day, stock indexes gyrate wildly in a side-way churning pattern with the Fed's monetary policy and the Plunge Protection Team acting as pylons holding the market up like modern-day Samsons. They will try to cushion the losses and keep them contained under the umbrella of the curve. But the risks lie in the tail where the rogue wave lurks. Those rogue waves are geo-political and derivative in nature.

The day will come when the unexpected event occurs. The rogue wave will emerge. Weather patterns are now taking shape. Barometric pressure is dropping and storm fronts are building. Today we see them forming in the Middle East, in the price of oil, in widening credit spreads, and in wild gyrations within our financial markets. Something is definitely brewing.