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


To: Ibexx who wrote (16694)9/1/1998 7:35:00 PM
From: mauser96  Read Replies (1) | Respond to of 77400
 
Ibexx...Your guess is as good as mine, but this rally seemed a bit to good to be true. After a decline like this it would be common for a 50% rebound, no matter what the eventual outcome. The volume was good but some other indicators were less convincing. I don't know whether yesterday was the bottom , but even if it is I would expect at least a test of the general area. Today with my stocks, SEBL showed the biggest percentage gain with SAP second. Even as of the close today socks are a better buy than they were several weeks ago. The big question is do we buy now or wait. Tough decision. I'll probably compromise by starting some dollar averaging to add to the purchases I made in the dip. Cisco still looks great long term, but even after this crash the market still isn't cheap..
regards