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


To: MHA who wrote (60380)7/22/2002 5:20:27 PM
From: Stock Farmer  Read Replies (3) | Respond to of 77400
 
1066



To: MHA who wrote (60380)7/22/2002 11:57:34 PM
From: ehasfjord  Respond to of 77400
 
You very well may be correct, IF it continues
on its present course (and I think that it
will). The main question that I have is how
long this downturn will take. Have looked @
several charts, yet the economic conditions
that we have today don't apply to those in
past downturns. Then, high interest rates,
little consumer spending, gasoline VERY expensive
(if you could get it). Now, none of the afore-
mentioned. It's a widespread panic, and the
investors are throwing the baby out with the
bathwater. Perhaps this is what "they" mean by
capitulation - Junk the good stuff with the bad,
and then realize that "Hey, this wasn't such a
good idea"!
Take Care.



To: MHA who wrote (60380)7/23/2002 4:48:27 PM
From: larry  Respond to of 77400
 
Bought QQQ today at 22.50. Will keep adding to the long positions whenever NAZ is down another 100 points. The stock market, especially tech, should outperform the bond market if our time frame is 10 years.

S&P should find a temp support at 732 on the way down. Hope that it can at least hold a while there.

larry