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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (4370)	3/28/2001 11:31:36 AM
From: JRI	Respond to of 52237

DMP, Paul...check out Velo's site on today's COMPX...he called it very well indeed... He also found a nice rising wedge from yesterday on COMPX (over past few days)... Would love to see us get another rising wedge here for rest of day (then I'd feel comfortable probing short side again), but its against my rules to starting shorting when the market is down 4-5% already in a couple hours.....wanna see some bounce first... 1890-1900 holding...barely...not time to short or long yet, IMO....I expect the COMPX will make another effort above 1900...but I am looking for a weak one...

To: Paul Shread who wrote (4370)	3/28/2001 11:33:59 AM
From: SpecialK	Read Replies (2) \| Respond to of 52237

Comments on CSCO on Briefing: 9:04AM Cisco Systems (CSCO) 18 1/8: -- Update -- Robertson Stephens expresses continued caution on Cisco (CSCO); says that based on historical valuation metrics the company is worth between $6 and $12, but notes that this is a worse case scenario and is not predicting the stock will go there right away; sees no fundamental basis to buy the stock at current prices. Unbelievable that this once 500B market cap is down to 119B, almost at 4X sales. I find it funny today when they say the value is $6 to $12. Where the heck were they before $380B was lost? JNPR, many looking for the $50 break, to go short, which has immediately pushed it to $47. On PnF, on a 4pt or 5pt chart, this has gone straight down from 140 or so. A 38%/50% reversal of a move from 140 to let's say 40, would yield a move to 78 to 95. When will we see that?

To: Paul Shread who wrote (4370)	3/28/2001 11:39:06 AM
From: JRI	Respond to of 52237

Looks like we're definently going down now (1800? 1700? COMPX)...but I'm still gonna wait for a failed bounce to jump in 1st....it would be lovely if it could fail between 1890-1900.....that would be a clean signal....