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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (75042)	4/16/2001 7:59:10 PM
From: American Spirit	Read Replies (2) \| Respond to of 99985

Don't act like such an A-h**e just because I'm a confident long and you're a nervous short. I haven't owned CSCO since I sold it at 18 and probably won't buy it back, certainly not above 15. It's a trading stock now short-term between about 14 and 19. Long-term it's a fine buy anywhere around here though so are a lot of other stocks and CSCO is not my favorite. I prefer EMC and others. All in all, the biggest gains will be on the upside going forward but we will not go there in a straight line and I welcome dips to re-load cheaply. I hope CSCO takes us down tomorrow and have several buy targets in mind. If you made money on a CSCO short good but be sure to cover. It won't be in the teens for very long. By fall it could hit 25 or more. By then inventories will be a thing of the past and growth will ramp back up. You're also going to run into one or two rate cuts in the next few weeks so beware. Last week was just the beginning of the long gradual recovery in techs and that is a very good thing for our country. It's our biggest expert to the world and pays for all that oil we import. Be positive and patriotic and stay as long as you can. Buying down here on these dips is just good common sense.