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


To: RetiredNow who wrote (57156)2/6/2002 8:19:21 PM
From: Jorj X Mckie  Respond to of 77400
 
On the P&F chart, support was broken during normal trading yesterday.
AH trading today brought it right up to a lower high, but that won't show on the P&F chart..

stockcharts.com

24.00 | X + | | | 24.00
23.00 | X O + | | | 23.00
22.00 | X O X + | | | 22.00
21.00 | X X X X O X O + + C| X |High| 21.00
20.00 | X O X O X X O X O X O X + 8 + X|O 1 O 2 | | 20.00
19.50 | X O X O X X O X O X O X O X O + X O + X|O X O X O | | 19.50
19.00 | X O O X O X O X O X O X O X O X O + X|O X O X O |Avg | 19.00
18.50 | O X O X O X O 6 O X O X X O X + B|O X O O | | 18.50<
18.00 | O X X O 5 O O X 7 X O X O X O + X|O O | | 18.00
17.50 | O X O X O X O X O X O X O X O + X| |Low | 17.50
17.00 | O X O X O X O X O X O O X O X + X| | | 17.00
16.50 | O X O X O X O O O X O X O X| | | 16.50
16.00 | O X O O X O O X O X| | | 16.00
15.50 | O X O X O X O | | | 15.50
15.00 | O X X O O X | + | | 15.00
14.50 | O X O X 9 X X | + | | 14.50
14.00 | 4 X O X O X O A | + | | 14.00
13.50 | O O O X O X | + | | 13.50
13.00 | O O X |+ | | 13.00
12.50 | O X +| | | 12.50
12.00 | O X + | | | 12.00
11.50 | O + | | | 11.50



To: RetiredNow who wrote (57156)2/6/2002 8:37:46 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
Hi all, a friend of mine brought it to my attention via PM that I'd gone a little overboard in my verbal jabs at one of our more reasoned and intelligent posters, John Shannon. I meant it in lighthearted fun, but going back over my posts, I can see that I was taking too much pleasure in twisting the knife. So I hereby apologize to John and the thread for reverting to childishness, albeit briefly. May we continue to debate our thoughts without fear of cutting rebarbs. Good luck all!



To: RetiredNow who wrote (57156)2/6/2002 9:01:22 PM
From: larry  Read Replies (1) | Respond to of 77400
 
mind,

No way will CSCO break into single digit in this leg down. No way. Too much support on the way down. But it's very likely that it will happen in the 4th leg down. I am serious.

larry



To: RetiredNow who wrote (57156)2/6/2002 9:08:33 PM
From: Mark The Trader  Read Replies (1) | Respond to of 77400
 
Still on that single digit dream :-}
Come City Boy Shorting Csco is not that scary , no more then is shorting INTC like I did on 1/3 and got my ass reamed :-} But then I only short on a Day Trade, I cant blame ya for not wanting to short long term especially at these levels. I need to change my nick name to Mark the Shorter because I forgot how to press the buy button unless its to cover one of my usually mis-timed shorts :-}



To: RetiredNow who wrote (57156)2/6/2002 10:57:59 PM
From: sea_biscuit  Read Replies (1) | Respond to of 77400
 
Eventually it will make it to single digits. But the road will be tortuous -- with 3 or 4 dips and rallies in between... We will get there for sure -- eventually.

As for shorting, I am more comfortable with one of the Rydex funds. Right now, I am short the QQQ with RYAIX, and up about 9% already. I plan to play the rallies too, again with QQQ and not with any specific stock. Though sometimes I am tempted to do so with another stock I am quite familiar with -- LSI, but I have not done it so far.