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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	8/13/2006 5:50:19 PM
	of 6865

WEEKEND STOCK PIC #1 CSCO [SHORT] stockcharts.com Nice pop last week for csco, but I think it is a high pop fly and there will be plenty of time to get under the ball and it will end up being an out. A short in this case CSCO remains in its down channel and the gap will like be filled. The bearish crossing of the 200dma over the 50dma doesnt do anything bullish from my stand point. I am comfortable short on this one. Any body taking this trade the buy to cover stop is on the chart.

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