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Cisco Sounds the All-Clear for Tech

By Jim Cramer

 About this article:
 Oh doctor, I am out of bearish spin. Have to switch to "short-term cautious, long-term bullish." Have you ever noticed when those weasels come on TV and say that stuff? "You know I don't like it here, but I do like it there." As someone who is testing his thesis by the minute, I have to tell you that this day, with the Nasdaq out of control and the banks at last catching fire, it's easy to be hoofing to the land of a thousand bull dances. And you know what? I haven't credited Cisco the way I should have. Let me tell you why. At 5 a.m., the Nasdaq futures were down, down about 5. I was thinking, heck, they are totally ignoring John Chambers and his newfound bullishness. They don't care. That turned out to be dead wrong. As the day progressed, his comments got common...

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