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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST
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To: bobby beara who wrote (65905)1/4/2001 11:54:43 PM
From: Sam Scrutchins  Read Replies (1) of 99985
 
Bobby,

Look at the 5-day, 15-minute chart on CSCO. Do you see a reverse Head and Shoulders here, with a neckline from which CSCO rallied mightily. It suggests to me that a pullback to 39 or so may be all you could expect. What do you think?

Sam
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