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To: At_The_Ask who wrote (76583)6/24/2003 7:56:34 PM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
CSCO is melting, but with relatively little damage to the index. It just goes to show you that they can take one of the biggest names down and the index can stay up. That being said, it is getting ready to bounce as it is pretty oversold. That bounce should correspond with the 5th wave up on the compx.



To: At_The_Ask who wrote (76583)6/24/2003 8:17:04 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
It's not the only thing melting today

CSCO was downgraded by SoundView today, and also in that sector JNPR was downgraded by Wachovia.

But speaking of melting,has anybody noticed $GOLD, $HUI and $XAU? No wonder the gold bulls have been quiet this week - three black crows showing on many individual gold stocks.
stockcharts.com[h,a]daclyyay[db][pc5!b8][vc60][iLp14,3,3!La12,26,9]&pref=G
stockcharts.com[h,a]daclyyay[db][pc5!b8][vc60][iLp14,3,3!La12,26,9]&pref=G
stockcharts.com[h,a]daclyyay[db][pc5!b8][vc60][iLp14,3,3!La12,26,9]&pref=G

I guess the gold bear lives <g>

Last Friday phoenix presented a Gartley on POG predicting 341.6 soon.
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