Cisco Message Board - Msg: 13668028

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Technology Stocks : Cisco

CSCO 72.10

+1.4%

Nov 10 3:59 PM EST

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To: mwj6 who wrote (29)	5/10/2000 2:51:00 PM
From: mwj6	Read Replies (3) of 405

A long term investor should use something like a Point & Figure trend line...right now, based on that I don't get concerned until CSCO violates it at $50. by the way, NT violated their long-term P&F trend line today...if you want to hedge CSCO in a bear market, short NT. LU already crushed their trend line last December. All the start-ups that CSCO competes with, except JNPR, broke through their trend lines in april. My theory is those that don't break the long term trend line will return to leadership faster when the market turns. The others will have to fight through the down trend line to turn. this new thread is liberating. ;-) /matt

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