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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (5410)8/5/1998 4:09:00 AM
From: R Stevens  Read Replies (1) of 34812
 
Janerific,
You know I love Cisco as a stock and am not foolish enough to be short on it, however when I looked at your P&F Chart I thought I saw three consecutive double bottom sell signals. Am I misreading this?

Thank You, RS

Networking still has an incredible future and Cisco is the king. I just felt the short term looks defensive to me unless one can play an ultra short term bounce. Might be premature to get back in for the longer term.
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