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


To: RetiredNow who wrote (63745)4/29/2003 9:14:47 AM
From: BWAC  Read Replies (1) | Respond to of 77397
 
<doesn't that represent a breakout above resistance? Technical folks, how far would Cisco run if that happened? >

As far as the pile on'ers can get it by MONTH END PUMPING and by Friday. Cause not only does 'Sell in May and go away' start, but you also hit that favorite monthly selling everything in sight time period comprising of the two weeks after month end up until one week before options expire. This would be when the pile on'ers turn into pile out'ers. Switching from manic mood to depressive mood. The mutual fund managers, and the market gamblers, have a real bad manic depressive disorder.



To: RetiredNow who wrote (63745)5/1/2003 12:29:35 AM
From: Paul V.  Read Replies (1) | Respond to of 77397
 
mindmeid, Dorsey Wright has CSCO near target at $20.50 at the close of Tuesday and Value Line has it reaching a high of $30 during the next 2-3 years.

Paul