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

To: The Phoenix who wrote (36324)5/23/2000 6:22:00 PM
From: The Phoenix  Respond to of 77400
 
Nother chart.. Just to point out that CSCO's retrace today creates a double bottom. This could very well]
be a good buying op. Notwithstanding that the NAZ broke support again today <ggg>. A break (and close) below 50
and there's LOTS of air underneath. $47, $45.. $40.. $30... all good guesses but there is nothing down there
that gives any indication as to what "bottom" is.... well until $30 - The BSL.

88 | | | | 88
86 | | | | 86
84 | | | | 84
82 | | | | X 82
80 --------+-+-+-+-----------X O ----------------------80
78 | | | | X O 78
76 | | | | X O X 76
74 | | | | X O X O 74
72 | | | | X O X O 72
70 --------+-+-+-+-------3 --X 4 X O X --X ------------70
68 | | | | X X O X O X O X O X O Med68
66 | | | | X O X O X O X O X O X O 66
64 | | | | X O X O O O X O X 5 64
62 | | | | X O O X O X O 62
60 --------+-+-+-+---X ------------O X O --O ----------60
58 | | | | X O X O 58
56 | | | X 2 O O 56
54 | | | 1 O X O 54
52 | | | X O X O 52
50 --------+-+-+-X O ----------------------O ----------50
48 | | | C 48
46 | | | X 46
44 | | | X 44
42 | | | X 42
40 --------+-+-+-X -------------------------------- Bot40
38 | | | B 38
36 | | | 9 36
34 | | | 7 34
32 | | | 6 32
30 --------+-+-+-4 ------------------------* ----------30
28 | | | X * 28
26 | | | 1 * 26
24 | | | X * 24
22 | | | C * 22
20 --------+-+-+-X --------------* --------------------20
18 | | | B * 18
16 | 1 | 7 * 16
14 | 9 O X * 14
12 | 5 O X * 12
10 --------+-2 6 X ----* ------------------------------10
8 | X O | * 8
6 | 9 | | * 6
4 9 9 9 9 * 0 4
2 4 6 7 9 8 0 2
OG



To: The Phoenix who wrote (36324)5/23/2000 6:27:00 PM
From: Monty Lenard  Read Replies (1) | Respond to of 77400
 
Gary, I will say that the big 3000 may slow it down but I honestly don't think it will hold now. We have been in a bear but it turned into a grizzly today I am afraid.


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