SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Rob C. who wrote (53090)5/17/2001 9:50:19 AM
From: Charles Tutt  Read Replies (1) | Respond to of 77400
 
I think it would be extremely bullish if the current rally lasted through option expiration tomorrow; I don't think it will, personally. But that's JMHO.

Charles Tutt (TM)



To: Rob C. who wrote (53090)5/17/2001 10:11:36 AM
From: Ron  Read Replies (2) | Respond to of 77400
 
Short term resistance definitely appears around 20. Be interesting to see if the breakout continues. More buying strength apparent this morning imho. The question is, will it last. Breakout/resistance should tell us :)
Good luck to all...whether you are short or long.



To: Rob C. who wrote (53090)5/17/2001 2:41:41 PM
From: Stock Farmer  Read Replies (1) | Respond to of 77400
 
Rob - yes, $20 (and any multiple of $5) is a magic number for CSCO.

I watched it step its way down in $5 steps from $70, and each transition was hard-fought. So I imagine fierce overhead resistance on the way up.

It is not inconceivable we punch through $30 in a fierce rally, and then shed 50-75% to hit the eventual lows. I mark the 30's as a place where a lot of money will feel comfortable coming off the table...

John.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News