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To: Jurgen Trautmann who wrote (10170)8/8/2001 12:39:28 PM
From: Berney  Respond to of 11051
 
The cross-over on the 60 min does not bode well.

OTOH, the 15 min is close to a bottom. I told myself I'd be content with a higher low for the day.

CSCO deserves to get hammered. Now, whether it does or not will say a lot about the near-term. IMHO below $19 and it is not healthy.

TM was fortunate to stay out. I know it was a real close call for him.

Just a View from the Swamp

TB