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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (36722)5/8/2001 7:43:29 PM
From: RR  Read Replies (2) | Respond to of 65232
 
Hi Superwoman! Well, we might get that opportunity, yes.

It will be interesting to see what the market does with the CSCO news tomorrow. Mixed views around SI.

I looked at the stuff and didn't see anything that surprised me. Why should anyone really be surprised about CSCO, as I've said before. Granted, the market may try to react quite negatively to this initially, but then again, we've seen a lot of bad reports absorbed very well by the market in the past 4 weeks, and open up the next day.

On the positive side, as a practical matter, what has changed? Nothing. Still a lot of bad reports to come. Folks know that. Still Q2 is going to be difficult. No surprise. CSCO comments? Still, no surprise. The bullish side still wants to challenge 2250, and we have the FOMC meeting to balance the negatives to some degree.

Hey, I went long today on the chance we bump up within a week!

Now, I may just be exiting very quickly, too! Ha! Yikes!

Oh what the heck, bring it on!

RR