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


To: Monty Lenard who wrote (36532)5/25/2000 9:51:00 AM
From: JRI  Respond to of 77400
 
Monty- (As I surmised yesterday) Looks like shorts are getting out the way in a hurry, and for the rest of the week...(after all, who would try to place a big short right here? Too risky..)...little upside resistance on Cisco....60 Looks like the next challenge point...

If I were short...I would take a long holiday...hope the Naz goes up another 100+...and try to hit it hard at a higher technical level (former support) next week...if the Naz goes straight up without a break......more likely it will pull back (a good amount) as well...

Agreed?

Did you jump on the long train this morn?