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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-0.3%Nov 26 3:59 PM EST

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To: Ed Forrest who wrote (52341)5/4/2001 9:54:14 PM
From: Jerome  Read Replies (1) of 77400
 
Possible plan for Monday.. ... Short term trade....

In recent days I have used the following strategy for CSCO. I have started each day will a sell order one point above the previous days close. If that goes off then a buy order 3/4 of a point below the sales price. Its worked well for the past week because CSCO is in a nice up trend. This has been very profitable and I do know that if there is a big drop off I can write some covered calls against my holdings.

For Monday I plan to put in a sell at 20.70 If this does not go off I wait out the earnings report.

Ed, have you or some other poster got a better idea?

Jerome
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