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

To: Lizzie Tudor who wrote (74541)	11/10/2007 1:29:43 PM
From: rockinghorse	Read Replies (1) \| Respond to of 77400

>I didn't realize we are only 200 pts away from retesting the august lows here on the dow and 175 or so away from the naz. So we have probably suffered through most of the pain. this may not be an indicator of where we might be headed. actions like this particular time period seem to require a violent and major blowout where pain is replaced by outright fear. hopefully this does not happen (i am not fond of 1000 plus drops on the dow). on the plus side, nov to jan are generally pretty positive months. it is interesting how the extent of the subprime problem has been roughly quantified to 150 to 500 billion. although bad, it is kind of reassuring.