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

To: michael97123 who wrote (45136)	12/20/2000 2:19:54 PM
From: Monty Lenard	Respond to of 77399

OK I agree on the 7 days ... it is an important number for the Japanese if one studies the candlesticks. I am seeing a lot of stocks getting set up (so far) for Morning Stars (Island Reversals). I think we are at a good place for a fast reversal that WILL NOT HOLD(carry through). Now as to your 500 points? I just try to find the direction and then let the market tell me how far. I disagree on the naz holding 2000. It may for a while but you will see it below 2 IMHO. If I had to pick a number now I would say 1875 but it will not go there directly. It will rally a few times in between. Monty