MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: yard_man who wrote (18138)	11/5/2003 10:12:05 AM
From: t2	Read Replies (2) of 19219

CSCO weakening going into earnings. No run up into earnings. Basically moved with the Nasdaq market. Do we get a MSFT or Intel type of earnings report? More important is what traders are expecting. My guess is that we get something in between but a bit more like Intel and less like MSFT. Means it should not sell off after earnings---flat to positive after earnings. Agree with your approach; buy calls on the market if weak ahead of earnings from QCOM/CSCO. Noticed that Csco's suppliers doing well today..PMCS and other communication chip stocks.

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