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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: rogermci® who wrote (14129)11/7/2002 1:53:08 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
CSCO's '03 is going to be dreadful. watch for it: next quarter they are going to have another huge writedown with which they'll attempt to bolster their pro forma numbers.

lather rinse repeat.

by this time next year i expect CSCO to at least be considering a reverse-split.



To: rogermci® who wrote (14129)11/7/2002 4:13:26 PM
From: mishedlo  Respond to of 30712
 
I absolutely would not recommend fighting Max Pain.
When it kicks in, it goes.
Worse yet for bulls is if it overshoots.

Look what happened to the overshoot against the bears last month.

I still have many many scars.

CSCO max pain is 10.
If QQQ falls to its max pain at 24 or so, CSCO could easily hit as well.

All it takes ius a gap down on a downgrade. I half way expect for that downgrade.

If they want to get to pain level and CSCO is not there, they will do it on a downgrade.

M


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