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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: Teresa Lo who wrote (2437)10/29/2000 11:09:53 PM
From: the options strategist  Read Replies (1) | Respond to of 8925
 
What I was asking is, if csco does not retest its oct 11 lows and instead moves up breaking the downtrend, would you still not buy it at this time?

I'm not planning to buy it but want to know your opinion on the chart if csco goes up instead of retesting.

Thanks



To: Teresa Lo who wrote (2437)10/29/2000 11:10:22 PM
From: the options strategist  Respond to of 8925
 
What I was asking is, if csco does not retest its oct 11 lows and instead moves up breaking the downtrend, would you still not buy it at this time?

I'm not planning to buy it but want to know your opinion on the chart if csco goes up instead of retesting.

Thanks
jj



To: Teresa Lo who wrote (2437)10/30/2000 10:01:18 AM
From: Christopher  Read Replies (1) | Respond to of 8925
 
Teresa(CSCO),<If it tests the October 11 low, makes a marginal new low>

What is the significance of the "marginal" new low? What does that tell you as opposed to deeper new low.

Thanks,

Christopher


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