SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.42+1.9%Dec 19 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ed Forrest who wrote (54173)7/26/2001 11:27:12 PM
From: Jerome  Read Replies (2) of 77400
 
CSCO Battle Plan for Friday and Monday.....

I don't know where CSCO will trade tomorrow but I have this plan written out.

If CSCO trades up after the usual AM collapse, then I will sell some shares at a price of 20.40. (This is about a point above todays close)

If CSCO trades down I will do nothing.

What we have seen as of late is a two or three day rally followed by a three to five day collapse. I will rebuy my CSCO shares on Monday at about 18 .75 to 19.00.

The one tech stock pattern that has held up well during this earnings season is a sell off the day prior to earnings. So I would want to have some cash available to do some buying the day prior to earnings.

A plan for short term trading in CSCO is always a work in progress. Todays brilliant move becomes reborn as tomorrow's dumb idea. I got called out of some shares today at 19.45.

anyone with a different plan please post it.This could become something like , "name your own poison, with your CSCO trading plan"

Regards, Jerome
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext