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To: chic_hearne who wrote (43388)12/4/2000 10:00:06 AM
From: AllansAlias  Respond to of 436258
 
Yes, the CSCO chart, imho, is telling me that it wants to drop to the next level.

Old-econ is leading today. As I have said recently, it is time for it to catch up somewhat to the tech-wreck.



To: chic_hearne who wrote (43388)12/4/2000 10:06:16 AM
From: rolatzi  Respond to of 436258
 
While hindsight is 20/20 CSCO has had a wonderful trading pattern. Once it broke below its 50DMA, it has touched its 50DMA from below twice and stalled a little below it several times. These are the easiest patterns to play on the short side.
rolatzi


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