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

To: The Phoenix who wrote (46723)	1/11/2001 12:32:47 AM
From: chic_hearne	Read Replies (4) \| Respond to of 77400

OG, I'll say this, I plan to cover Crisco in single digits, but that ain't written in stone. Should we get capitulation, which to me means 5++ BILLION shares on the Naz, I MAY cover looking for a bounce to re-enter at a higher price. Or there may be some other event I cover on. I just don't know what's going to happen. My Crisco position isn't a trading position. It's long term and I don't mess with bounces as I said to Peppe in a post when Crisco bounced 23% in one day. I'll deal with the bounces and look for a washout or some other significant event before making a move. I promise, this thread is the first I'll let know when I change my position. BTW- I look to have a VERY VERY long Crisco position when I think the bottom is in. But this is so far away it's so hard for me to contemplate I can't even give a guess when that will be. Now I'd say $10, but by then it may be clear that is not the time to go long. Or the market could TELL ME go long at $20. I just don't know, but I know it's not anytime soon. chic