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

To: Doug who wrote (46300)	1/7/2001 8:59:34 PM
From: The Phoenix	Read Replies (2) \| Respond to of 77400

Doug, Actually CSCO's chart is find right here.... the pullback to 37 is acceptable as a gap fill from the run up from 32 to 43... a bit lower than I'd like but still acceptable. I think much depends on the next few days. Going north from here and breaking 44 is extremely bullish whereas moving south and breaking 32 would be very bearish. I don't think you can make a call which way we're going to go right here. OG

To: Doug who wrote (46300)	1/7/2001 9:14:22 PM
From: Stock Farmer	Read Replies (2) \| Respond to of 77400

It's not hard to figure out. We're in a bear market. Nobody thought twice that the stock would be disconnected from its fundamentals to the upside during the bull market. Hmmm... couldn't it become disconnected to the downside during a bear market? Since we aren't even there yet, I agree there is lots pointing to a new low. Man, I used to be super-bull and those who know me in person would call me a fundamental optimist. I really want to be back in the cheering section - this bunker is cramped and frustrating. But I'm calling what I see and it doesn't look good. Perhaps that 5 year chart on CSCO shows there's a lot more paper profits to be sent to money heaven before we can put in a bottom? That's scary. I still think it's better to wait until Jan 15 has passed. If we're still going down, then next checkpoint is Apr 15. John.