Replies to post #110073 on ajtj99's Market Pulse

[LG]

ajtj: ...that will eventually form some kind of bull flag, bullish pennant,...

Bull flags or pennants don't fly on inverted flag poles...

LG

[chainik]

Nice post, aj.

If the market does get into a serious trouble (say, sometime in 2008), where the next bubble will be? Until now, deflation of one bubble almost immediately resulted in emergence of a bullish trend somewhere else. Nasdaq-small caps-commodities/gold-emerging markets-housing etc..Maybe we made a fully circle and now NDX is on its way to all time highs? (g)

BTW, does current environment reminds you 1998-1999? I haven't been trading at that time.

[jdaasoc]

Bulls need to hope Cisco lifts us next week

I was looking at 2007 annual report nad they only get 45% of sales outside US ad Canada steady with 2006.

Cable settop boxes and and cable internet VOIP adapters which comprise a major part of the recent growth in their business lineup with the acquition of Scientific Atlanta.

You have to understand they don't stand much of a chance of major sales to cable executives outside the Roberts (Comcast) and Dolan (Cablevision) clans who dominate in the US cable market.

Search in annual report for "China" produces results of sentences that also contain the words "price competition" or "sales discounts".

As long as US economy shows positive GDP growth so will CSCO show earnings growth.

Future earnings guidance will be the tell all indicator how NAz bounces that day.

They still growing sales primarily from acquitions and devote a majority of net income to share repurchase to help reinflate P/E multiple so they can barter another acquition with stock rather then cash.