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To: BigBull who wrote (87128)2/13/2001 9:21:39 PM
From: Sweet Ol  Read Replies (1) | Respond to of 95453
 
I agree with Bull on the concerns about Cisco going forward. Another factor is their cooked books options are going to haunt them in a down market. They will also have to pay more cash instead of options, so their personnel costs will increase.

I see it continuing on down the falling trading channel. I covered some shorts recently, but may short them again soon.

I have been doing well shorting overpriced techs that are in falling trading channels and have the appropriate indicators. E.g., QQQ, JDSU, CIEN, AMCC, EMS, SEBL.

Best to all,

John



To: BigBull who wrote (87128)2/13/2001 10:28:27 PM
From: Second_Titan  Respond to of 95453
 
BigBull My CSCO play is nothing more that hoping to catch a bounce in the NASDAQ. With this type of dice rolling I only use small bets.

I am not sure why people are willing to pay $30 a barrel for WTI. Is it because OPEC's marginal barrels are sour that is not in demand? I believe Iraq's barrels are sweet, but unreliable.