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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 (12674)7/25/2001 5:29:09 PM
From: Lee Lichterman III  Respond to of 52237
 
>>CSCO. Has an H&S <<

I was looking for a spark for a rally not a drop. Heck we have every reason in the world for a drop! -gggg- I think the recurring theme of this quarter's earnings season should be, "If you thought last quarter was lousy, we dropped another _______ ( fill in the blank a number between 40% and 90%) of revenue and still have no visability".

The charts were saying a bounce was due though so I was looking for a spark or reason for the bulls to get all lathered up again. Only one I see is QCOM but I guess CSCO saying good things might help too. JDSU's action doesn't seem to be showing much faith in that sector though. Heck it is priced like an option or hat size. -g-

Good Luck,

Lee