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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.42

0.0%

Jan 28 4:00 PM EST

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To: Clint E. who wrote (19907)	2/17/1999 1:39:00 PM
From: shasta23	Read Replies (1) of 70195

HI CLINT! What do you think of CSCO here off the 50DMA around 97? Intraday after the initial sell-off we saw a test of 96 on lower vol which was successful. So i went long at 97...with a tight stop.But would appreciate your opinion. Thanks! and BTW really like the thread. Follow it for quiet some time but since feel like a beginner can't really contribute. Stefan p.s.right now they are taking the market down and csco is at 96 1/2...i guess we have to see if 96 holds again.

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