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To: Robert O who wrote (566)5/9/2002 10:49:59 AM
From: Ira Player  Read Replies (1) | Respond to of 13403
 
Just too soon...

I'm planning to fade the rally this afternoon, if techs hold through the day. (CSCO weak now...maybe it was just a one day pop and I missed fading it?)

With the nice rise, probable profit taking on Friday rather than risk a weekend hold...

Ira



To: Robert O who wrote (566)5/9/2002 3:27:53 PM
From: Jacob Snyder  Respond to of 13403
 
CSCO sold 3% of port. @ 15.8

These were shares I bought last month at 15. Still holding shares bought at 14-14.5 After their (very impressive) earnings report, I thought we had a shot at 20, fairly quickly. But there just doesn't seem to be anybody out there who wants to buy, this or any other stock. And everyone is now SellingTheRally.

Will add, at 14.5 and on down.

Feels to me like yesterday's CSCO-led micro-rally is already fading.


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