Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: bambs who wrote (45009)	12/19/2000 7:18:17 PM
From: t2	Read Replies (1) \| Respond to of 77397

bambs, you are getting more gloomy with your predictions. Saw a report on CNBC that tax loss selling is a big factor in December S and P 500 gains/losses in down years. First 23 days are supposed to underperform the last 8 days. We may finally get a rally in tech stocks.

To: bambs who wrote (45009)	12/19/2000 7:23:26 PM
From: t2	Read Replies (1) \| Respond to of 77397

we won't see a true bottom in the nasdaq until the dow and s&p get cut in half...at minimum....financials will be smoked...biotechs on the nasdaq...csco won't hit a true bottom for a long long time...I bet 5 years....Many bounces and false rallies... The FED's easing stance is the start of an upturn in the markets. People are not abandoning the market, they are shifting to other areas (tax loss selling a big factor). With bond yields so low, you doom and gloom scenario will not come true. Do you notice that non-tech stocks don't drop. If those sectors decline, you can expect to see a rally in the techs at the same time. Don't expect to see much more than some rotation. Right now, it is basically momentum trading in the downward direction in the Nasdaq. I am giving it a few more days. The bargains will be too good for a lot of cash rich funds to not take advantage of the bargains.