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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (6888)9/7/1998 6:11:00 PM
From: Bull4Now  Read Replies (4) of 34808
 
Hello, Jan ; )

Looking for some advice from the PnFology crew. Cisco is an incredibly strong company and is poised to take the lead in the Voice over Anything (IP, ATM, FR) market - I don't think Lucent has a chance at the #1 spot in this market as Cisco explodes and leverages this "Killer App" (voice) for the Internet.

Having expressed my bullishness for the stock, what trigger price point should an investor be looking for to sell CSCO in the event of further carnage in the market (it looks like the bullish support is at 83, would that mean simply that a break below 83 would trigger a sell) ? This would be with the intentions of buying the stock back when things turn upward again.

Any thoughts ? Anyone and everyone's comments are appreciated.

TIA,

Mike - Still a Bull4Now
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