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

To: Eric who wrote (48916)2/13/2001 10:36:29 PM
From: Monty Lenard  Respond to of 77399
 
Thanks Eric. Of course you know I would find the bearish statement in that... not just csco but overall.

"I think in this market any buyer is taking on so much market risk -- the risk that all technology stocks will continue to tumble -- that taking on any fundamental risk is begging for trouble. "

I missed AG's comments today but I see the market was not impressed?

I had to sell my stuff early due to appointments but I am sure glad I did based on what I see.

BTW, DELL is at an interesting level here... broke the 50% retracement level but could hold the 61.8(21 1/16) tomorrow which is JUST below support.

The support is actually 21 3/4 which is the low of today. Will be watching it for a possible trade.

Monty



To: Eric who wrote (48916)2/14/2001 12:09:04 AM
From: Wyätt Gwyön  Respond to of 77399
 
That is a funny article. One, because he starts out talking about a fundamental picture (who's the next Cisco) but ends up getting bogged down in TA (worried about where JNPR's support is). That's probably just as well because he seems to confuse gigabytes with gigabits.

Secondly, it was funny because he brought up IBM. In a way, Cisco could be the next IBM.


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