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


To: Jacob Snyder who wrote (51922)4/20/2001 10:15:07 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 77400
 
<<The very last momentum investor buys the rally, using his last dollar. >>

With all the rate cuts, perhaps lower margin rates will help as well! Now that some folks have sold and covered their margin to pay their taxes with their "Vegas on Wall Street" money, they can jump back in with full gusto!



To: Jacob Snyder who wrote (51922)4/21/2001 3:16:05 AM
From: Ed Forrest  Respond to of 77400
 
re: What happens next week or better yet at the close when CSCO breaks $20.00?
The very last momentum investor buys the rally, using his last dollar.


Jacob

I think next week we may see some weakness in Cisco.

Reinforcing my thinking is that I note that several of the threads more loquacious Cisco detractors have emerged from seclusion and are ever so cautiously testing the threads temperature.

I take that to be a contrarian sign.

I shall retain my newly found neutral stance. :)

Ed



To: Jacob Snyder who wrote (51922)4/21/2001 11:02:19 AM
From: Rob C.  Read Replies (1) | Respond to of 77400
 
Jacob,

>>>>>>In a bear market, the only thing worse than buying the dip, is buying the rally.

First off I believe we are still in a long term bull market...

siliconinvestor.com

I guess that is what makes markets...look at the chart below. IMO the money flow into CSCO will continue now that the Fed has decided to show up. The next question the market will face is how much will Greenspan cut rates in May? My guess is another 50 basis point which will add more fuel to this rally.

>>>After that, stocks will bottom.

This chart looks like a bottom to me....

siliconinvestor.com

Good luck,

Rob