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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: gc who wrote (73178)3/24/2001 10:18:16 AM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 99985
 
Gc, Should we then short Csco OR Jnpr? Eom. Steve D.



To: gc who wrote (73178)3/24/2001 10:19:28 AM
From: CharlieChina  Read Replies (1) | Respond to of 99985
 
The below message was posted on Feb 2, 2001

Message 15291195

In addition, would not be surprised to see Cisco at $8 - $13 sometime this year.



To: gc who wrote (73178)3/24/2001 11:21:27 AM
From: HomeBoy Security  Read Replies (1) | Respond to of 99985
 
>CSCO chart tells me that a big pre-announcement is coming. how big? maybe at seismic scale 8.5. <

Hey dude. That's amazing. I stared at that same chart and saw a beautiful NAKED woman with my best interest in mind.



To: gc who wrote (73178)3/24/2001 12:00:20 PM
From: el paradisio  Respond to of 99985
 
I don't see any disaster coming from the charts yet...18 1/2 must hold and the resistance at 20-22.
Regards,
el



To: gc who wrote (73178)3/24/2001 12:51:10 PM
From: Math Junkie  Read Replies (1) | Respond to of 99985
 
I presume you're referring to the way that CSCO stopped participating in the rally half way through, and that you are assuming this means that someone knows something we don't.

www2.marketwatch.com

Point and Figure is calling it a double bottom breakdown:

stockcharts.com

Volume was considerably higher on Friday than on Thursday, but still well below average:

chart.yahoo.com

According to the right-hand column, CSCO was one of the top three stocks holding the Nasdaq 100 back yesterday:

quotes.nasdaq.com

The drop on Friday appears to have been caused by analysts cutting their estimates:

etrade.com@NEWS-P1&NewsWire=SF

Since that news is out, could one argue that the bads news is now priced in?