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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.59+0.3%Jan 23 9:30 AM EST

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To: Eric who wrote (53058)5/16/2001 10:57:49 PM
From: Ron  Read Replies (2) of 77400
 
Mutual fund accumulation is apparent for CSCO and several other tech stocks. Block trades have picked up sharply this week. Have also noticed this on several other beaten down techs. Plus, if you draw a trendline across the highs in the Dow from Sept thru the present you will see we broke out in a bullish pattern this afternoon in the DOW and SPX. COMPX only needs another 50 points and good volume to also break up through the trendline.
Roll, baby, roll. (I was particularly pleased to see the one million share block cross over right at the close today)
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