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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (57318)	10/21/2000 7:04:10 PM
From: Rich1	Respond to of 63513

I think you will know who is being added by a volume breakout, although its tough for a Cisco to have such a thing..<gg> Nice writeup about the NAZ, Cisco and the Bios in Monday's Big Report.. Here t'is: <If any stock has been a proxy for the overall health of technology over the past couple of years, it's been Cisco Systems. Look at the chart below. Seem familiar? Yes, it eerily mimics the NDX chart we posted above, or maybe the NDX chart mimics the CSCO chart since this stock makes up such a large portion of it. Nevertheless, holding the 50 level for CSCO earlier this month was an important victory for bulls. Now back on a buy signal, an argument can be made that the CSCO chart, like the long-term chart of NDX, looks like a long-term basing and consolidation pattern more than a simple breakdown. Also, like the NDX, a case can be made that CSCO also must digest the tremendous move it made straight to 56. > Courtesy of the DWA elves...