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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (42077)3/20/2002 12:18:35 AM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Speaking of tech bear markets, look at the list of new highs on the Nasdaq today and see if you can find a tech company on there. Expedia doesn't count.

I don't know your time frame, but I'd give good odds on a double top on the Dow at around 11,350 or so in the near term. I think that's likely to happen.



To: bobby beara who wrote (42077)3/20/2002 12:29:43 AM
From: Smart_Money  Respond to of 99280
 
if csco pukes up a billion share day on an earnings warning, it might signal the tech bear market bottom. I think a good flush is needed.



To: bobby beara who wrote (42077)3/20/2002 12:35:53 AM
From: t2  Read Replies (1) | Respond to of 99280
 
if csco pukes up a billion share day on an earnings warning, it might signal the tech bear market bottom.

thats what i would be looking for.


That is what I am looking for as well. I would just settle for double normal volume.

Just want them to warn and get it over with. Will take a lot of the earnings uncertainty out.

However, the good JBL earnings report makes me think that the risk of cisco missing this quarter has gone down significantly.
A rally in CSCO stock tomorrow confirm this...especially given that there was some lawsuit filed against them by a small company (afterhours news).

jmho