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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Forrest who wrote (54670)8/25/2001 1:15:27 PM
From: marginnayan  Read Replies (1) | Respond to of 77400
 
Thanks for the welcome.

I always preach that I think it imprudent to act on others ideas or thoughts when it comes to money

I agree. But it certainly helps while one is doing his homework.
The problem is that a person can really get good at one thing, but it is almost impossible to master everything including technical, fundamental and market analysis.

Technical Opinion by MSDW:
CSCO-$17-O-V) CSCO is neutral to down on a medium-term basis. A substantial rebuilding phase is needed to improve the technical picture. Temporary rallies are possible, but there is much resistance to contend with. First resistance is $23-24. Support is $13-14.

Looks like you are on target with your intuitive thinking.

There was a person by login name phoneix who used to post regulary on Cisco thread. I haven't seen him post for almost 4 months. Any idea?