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


To: Judy who wrote (15360)7/26/1998 5:53:00 PM
From: Paul A  Read Replies (2) | Respond to of 77400
 
just some thoughts on the new direction the 'herd' is taking. After attending a party this weekend in the company of about 99% investors/traders it seems everyone now believe the market is ready to correct and the bull has vanished...

over and over and over again I need to remind myself that when too many people are on one side of the boat, its best to move to the other side. The bull run is still alive, we have not reached a top, and CSCO wont be trading at 60-70 anytime soon unless we split. (just my opinions of course).

Last week was very healthy. Greenspan is not a foolish man and heunderstands quite well that by dropping small bombs he can possibly help us all avoid a serious correction.