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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (35792)5/18/2000 10:24:00 PM
From: Monty Lenard  Respond to of 77400
 
200 DSMA is 50.946 Gary.

Plus CSCo has failed 50% Fib retracement today off most any prior low you want to test.

Now again it is trying to hold here but I truly feel it will fail in the environment that exists right now. I honestly think I am being generous with 50 1/2 to 51. I truly think the magic number will be more like 46ish ...maybe 49 1/2. Tomorrow is expiry also. Can't say what effect that will have on it.

Maybe it holds here...I just don't think so but if I see it will I will be quick to adapt.

Monty