Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Terry Whitman who wrote (40691)	10/29/2002 1:06:02 PM
From: Mike Learner	Read Replies (1) of 52237

Resistance for CSCO is 10.99 for now. I personally think CSCO is heading for $ 5-6 area for now. And, of course, I have right to change my mind <g>! CSCO's latest move looks similar to its August move and its break down off its uprising channel also seems for now mimicking that break down as well. Measurewise, it could also similarly get a 50% hair cut from its $ 12 level. Overall, all companies are cutting costs. Every one is getting more money wise. What $ amount can stay in the pocket these days make one feel good, if any <g>! This latest rally seems another bear market rally. I am short SMH, PPH, LEH, KBH, and of course that stupid DELL which lately has taken my money I planned to double and buy a notebook from them <g>. Mike

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