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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.11+0.9%Nov 21 9:30 AM EST
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To: Lucretius who wrote (11558)1/13/1998 9:24:00 PM
From: Jorj X Mckie  Read Replies (1) of 77400
 
LT, is the crossing of the 50 dma the sole reason for your position? My TA indicates a series of higher lows with pretty strong support at 52. In addition, the sector looks to be oversold. Granted there is resistance at 60, but I don't see that as a sell signal (or short) unless you are doing a short term technical scalp. What would you need to see in the technicals to be neutral or positive on CSCO?
TD
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