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Strategies & Market Trends : Point and Figure Charting

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To: J.B.C. who wrote (23152)8/18/1999 10:12:00 AM
From: Ms. X  Read Replies (1) of 34824
 
Hi Jim,

About CSCO. The triple is a bit of resistance for it and if you are long covering a portion of your portfolio may not be a bad idea right here. It did break a double top but the lower lows are a reminder that it is a little vulnerable in this market.

I wouldn't sell CSCO. Tons of support and covering it for insurance against any 10pt move or so to the downside would be prudent....at this juncture.

I had to say that.
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