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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: JeanD who wrote (41703)	3/29/2001 9:58:46 PM
From: If only I'd held	Read Replies (1) \| Respond to of 49816

CSCO is at 15 bucks a share. I figure it belongs between 10 and 15. It could just be that we could trade stocks like CSCO for the next 6-8 months in these channels until they break out of that range. Consumption of the excess inventory could spark the breakout. 50% here, 50% there. In fact, I bet a 1/2 way decent trader could swing trade CSCO like that for a living till December. Or accumulate one hell of a chunk of stock if you don't need the money for when it breaks out of the range. Just let that baby rock back and forth for ya. A lot of junk is gonna die (dead, notta, nothing, zero) while this goes on though.