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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.99+0.4%10:03 AM EST
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To: Stock Farmer who wrote (62294)11/6/2002 11:32:49 PM
From: Jacob Snyder  Read Replies (4) of 77400
 
<<we're going to oscillate violently, mainly between the strikes at $7.50 and $15>>

That's exactly my take on current events. At the outside, this stock could get to 20, as the upper end of the range. But 15 is more likely. We've already seen $8.12 (last month's low), close to your $7.50 as the bottom of the "oscillation".

I'm holding these shorts:

WMT (consumer spending) at 54.5
CMH (housing) at 12

Will re-short QCOM when it hits 36 again.

Will short CSCO at 15, and AMAT at 20
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