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

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To: MulhollandDrive who wrote (5467)1/30/1998 7:02:00 PM
From: Chris  Read Replies (2) of 42787
 
hi betty... how you doing??

csco -- as you know, i never hold during earnings.. you never know what will happen.. and actually, most of the catastrophic drops occur due to earnings news or earnings warnings.. dangerous <g>

so, my strategy is the jump into cisco once earnings is announced.. charts says cisco is on a big rally.. weekly buy signal triggered last week.. assuming 10-20% minimum, maybe 15 points?

Message 3299140

your next resistnace point should be 70... a little consolidation around 70 and it should go up further..

now all of this assumes we have buy crossovers on weekly charts for mkts.. they have not yet occured (very close though)..

only SOX is confirmed crossover.. and on this pullback mkt today, SOX continued to go higher... strength eh???
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