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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: StockOperator who wrote (37220)	6/20/2002 4:25:16 PM
From: Jack T. Pearson	Read Replies (2) \| Respond to of 52237

If CSCO had to adjust earnings for stock options, I believe they would have lost money last quarter. Edit: Just saw that CSCO earnings estimate was cut by Moody(?).

To: StockOperator who wrote (37220)	6/20/2002 4:53:18 PM
From: StockOperator	Respond to of 52237

Thread, if today was the close of the month based off of today's end of day prices I would be screaming "short" on stocks like LEH. Of course it's not and we are going to have more backing and filling between now and then, but I do believe it's just a matter of time. With more shoes dropping everyday, such as stocks like QCOM (recently) following their bearish path, the deck keeps stacking up against companies with consolidating patterns, i.e., LEH, JBL, FNM). Have you noticed MOT, which I have been talking about lately? Daily h&s pattern. With my work telling me that the stock is in a "do or die" position plus the chart "giving" me the first clue by way of that pattern, the deck keeps getting higher and higher. That is why when I hear talk of a major bottom being formed or even a massive short covering rally coming, regardless of how persuasive the arguments might be, I have to stick with what I'm seeing. There are just way too many unresolved charts out there. JMO. Good trading. SO EDIT: Check out SUNW 5.7 - multiyear lows. A fact (clue) that must be respected.