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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.28+0.1%Nov 25 3:59 PM EST

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To: Jacob S. Rosenberg who started this subject10/7/2002 3:02:17 PM
From: pchristi12534  Read Replies (2) of 77400
 
In 5 of the last 10 trading days CSCO has closed lower than the day before. On each of those days the stock has had positive money flow - meaning that there was more money going into the stock on upticks than on downticks.

When this sort of aberration occurs once or twice during a two week period it can be dismissed. When it happens 5 or more times it assumes more than random significance.

All investors always have the option to invest or to not invest at prevailing market prices. It's understandable that investors might want to own CSCO at current prices. However, why not just accumulate the stock on downticks?

One possible answer for this obvious investor aggressiveness might be that they don't believe that the price will be moving much lower.
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