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

To: rudedog who wrote (18048)	10/9/1998 9:07:00 PM
From: Dr. Bob	Read Replies (3) \| Respond to of 77400

rudedog, Re: "What kind of volume would you consider crazy?" Volumes more than double the NASDAQ/NYSE average - e.g. greater than 1.2 billion for each exchange. There are a number of stocks, on any given day, for which volumes are "crazy", but that doesn't indicate indiscriminate, panic selling. When there is indiscriminate selling, then there is usually also an element of panic or euphoria. And I don't claim that there's been none of that, but this most recent sell-off has been quite orderly, compared to, say, 1987. To me, that means there are other, more important reasons than panic at work here. Understanding them makes us better able to decide when they might be ready to reverse. Bob