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


To: The Phoenix who wrote (44944)12/19/2000 3:42:37 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 77400
 
naz tick spiked down to -1342. I would like to see something like -1500 to -1600 to signify a true widespread capitulation, but for a short term low, -1342 is decent to work with.

I bought CSCO at 42 1/8 as I said, VRSN at 79 1/2 and CMRC at a couple of points averaging about 32.



To: The Phoenix who wrote (44944)12/19/2000 3:54:42 PM
From: bambs  Respond to of 77400
 
looks like the bears are going to take the market <2500 this time around

it's not the bears that are taking this market down...it's insiders and old time longs that own stocks like csco with average prices of $5...selling and taking profits...

also we have suckers selling that bought csco all year on dips and are now selling for tax losses...too bad they were suckered by old time longs and analysts that will take profits all the way down...and disappear from the thread...

bambs