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

To: Monty Lenard who wrote (51317)	4/11/2001 11:01:14 PM
From: Ed Forrest	Read Replies (1) \| Respond to of 77400

Too much too soon Ed. Bear markets do not end that way. Monty I cannot disagree; I'm looking for a pullback Friday. Based on the fact that the futures are as of right now up and with Cisco closing strongly in AH I am hesitant to call the inevitable retracement earlier than Fri. If Juniper reports the negative numbers the market expects and perhaps negative forward guidance tomorrow it could throw the present market momentum for a loop. Conversely the market could shrug it off as its done of late and continue on its upward path. Even if this is a “bear trap”,” suckers rally” or whatever it turns out to be the overall mood of investors and the market have, for the most part, turned brighter. Ed

To: Monty Lenard who wrote (51317)	4/12/2001 1:18:44 AM
From: chic_hearne	Read Replies (1) \| Respond to of 77400

Monty, Surprised you didn't notice my last comment from the late you know who. -g On the other hand there is profit in studying the human factors -- the ease with which human beings believe what it pleases them to believe; and how they allow themselves -- indeed, urge themselves -- to be influenced by their cupidity or by the dollar-cost of the average man's carelessness. Fear and hope remain the same; therefore the study of the psychology of speculators is as valuable as it ever was. Weapons change, but strategy remains strategy, on the New York Stock Exchange as on the battlefield. I think the clearest summing up of the whole thing was expressed by Thomas F. Woodlock when he declared: "The principles of successful stock speculation are based on the suppositionn that people will continue in the future to make the mistakes that they made in the past." At first, when I listened to the accounts of old-time deals and devices I used to think that people were more gullible in the 1860's and '70's than in the 1900's. But I was sure to read in the newspapers that very day or the next something about the latest Ponzi or the bust-up of some bucketing broker and the about the millions of sucker money gone to join the silent majority of vanished savings. ;-) chic BTW - this was written in 1923 for those that don't know