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


To: Rob C. who wrote (53645)6/14/2001 3:36:41 PM
From: Ed Forrest  Read Replies (1) | Respond to of 77400
 
I think it is funny how the $5.00 predictions come at 18 and not when the stock was 24.

Rob

I assume that those that make such predictions feel they are on safe ground due to current market conditions.

I think they believe that terse rejoinders will not be forthcoming so it's bombs away.

Today it's the bashers and those that bait and tomorrow perhaps the longs.

That's why it's so interesting. :)

Cheers



To: Rob C. who wrote (53645)6/14/2001 3:41:51 PM
From: Ed Forrest  Respond to of 77400
 
Rob

Check this out:

cme.com

Cheers



To: Rob C. who wrote (53645)6/14/2001 4:19:48 PM
From: Stock Farmer  Respond to of 77400
 
Rather myopic: "I think it is funny how the $5.00 predictions come at 18 and not when the stock was 24."

If you care to check the thread history you will see that predictions of $5 (or 4 or 8 or 10 or 15 or whatever number lower than $22) were rather abundant at prices above $24. Even back when the price was testing 50 and folks were "loading up the truck".

For example, on Feb 21 with the price above $25 a whole bunch of guessing led to this: Message 15390401

"what can you do"?

Gee.... I dunno... maybe take an objective look at the facts?



To: Rob C. who wrote (53645)6/14/2001 5:11:34 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 77400
 
Seems to me that this recent fade is on lower than normal volume.

If you're talking about CSCO, how on earth did you figure that one out? Avg daily volume is 59 million shares, it traded 85 million today.

The head and shoulders pattern is apparent. I'd be shocked if we didn't test 13 again this summer.