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


To: Bicycle who wrote (54846)9/1/2001 11:40:24 AM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
Yes, I am still comfortable with my mid-term predictions. I think Cisco will go lower from here until October is over. Remember that when people get back next week, things may look temporarily sweet, but then the mutual fund tax loss selling will start occurring. Although, I think market sentiment is pretty damn low right now, I bet the market will get pounded lower by the tax loss selling pressure. A good time to start loading up for a quick gain is around mid October. I bet you'll be able to get Cisco under $15 by then and then make at least a 33% gain over the next 2-3 months. That is my strategy. Good luck, Bicycle, and make sure you do your own homework. I'm wrong a helluva lot of times.