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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (31303)10/25/1999 10:00:00 AM
From: dennis michael patterson  Read Replies (1) | Respond to of 99985
 
Csco. Well, it looks like the spin is that it was just a rumor. Nevertheless, 66 1/16 (the neckline on the HS) has been touched today. If this stalwart goes down, the Naz is in trouble. And there is every reason to think it will (and I am long the stock). The biggies have reported,and in an earnings vacuum, it's all about economic news, which cannot be good. May not be bad or awful but it won't be good.