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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: Peace who wrote (58924)9/12/2000 6:21:51 PM
From: el paradisio  Read Replies (1) of 99985
 
CSCO may find the bottom here and it is true, that CSCO was marking the previous NASDAQ bottoms.
I expect CSCO to stay in the trading range for now and watching telecom, particularly QCOM and NXTL.
QCOM definitely wants to breakout of the base...
NXTL might be a target of acquisition, probably by AT&T.
On both, NXTL and QCOM I have a buy signal.
el
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