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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: Monty Lenard who wrote (48893)2/13/2001 10:38:19 AM
From: chic_hearne  Read Replies (1) of 77399
 
Hi Monty,

I'm surprised how easy it has seemed for Crisco to get back above $30. Not that there's anything on the chart, more that these even numbers are more of psychological resistence points both up and down. I'd have to think the 300 million odd shares that were traded in the $31-32 level last week would provide some type of ceiling. I'm looking to sell more at the $34 level, does that agree with the chart. I'm already pretty overweight [well, I'm really overweight] in Crisco, so I'm not going to be too aggressive at selling from here.

My one long trade is working out pretty well. If INKT can stay below $15 Friday, my Feb calls expire and I get to sell more.

chic
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