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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Chartgod who wrote (2772)2/6/2001 3:01:29 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 15481
 
The BRL refers to the Bearish Resistance Line...it is the downtrend line signified by the "+". I was using some of the bear terms for CSCO (Crisco and Pig) in a lighthearted way. Breaking through the BRL would be bullish as it is a resistance line. I am long CSCO stock, so I would very much like to see it go through the BRL. At this point though, the chart doesn't give much to hang on to. However, the support between 32-34 is pretty solid.