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 76.94+1.1%Nov 28 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jack Hartmann who wrote (60661)8/5/2002 9:05:03 PM
From: ahhaha  Read Replies (1) of 77400
 
Lehman is painting the tape for an upside.

Lehman is lost in the noise just like everyone else in this heavily traded stock.

Long for a swing trade at 11.38. CSCO has good shot at $12.50 before options expirations.

This doesn't sound like you, Jack.

Also, selling volume is slowing quite substantially today until Friday.

This is unclear, but the every trade money flow has something else to say.

The MMs took it down and people bought the dip everytime it got to intraday lows.

You should know better. The MMs can't "take it down". The stock has 40 major makers, and they are minimally involved. At most they're executing for their clients and they aren't interfering with the public action because the action is incredibly dense.

That pattern is not short covering but hedge funds buying for a ramp into earnings.

The money flow for the various sizes doesn't support this contention. Blocks were flat and traders were neutral to negative. The net flow in seems primarily to have come from the non-institutional retail public, all doing what you're doing. It might work.

The funds want it below eleven but they might have to wait a few weeks.

If you think this is true, it makes no sense to gamble on a run-up. It's just a crap shoot. I thought that was below you.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext