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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Brian Sullivan who wrote (50304)5/15/2013 8:16:00 PM
From: GROUND ZERO™  Respond to of 221054
 
Here's where we are as of today's close, this is the daily SP futures chart with a channel going back to the October 2011 lows...



Here's the Russell 2000 futures going back only 8 months...



GZ



To: Brian Sullivan who wrote (50304)5/15/2013 11:20:18 PM
From: Fintas  Respond to of 221054
 
What part of their buyback played into their earnings? What is his outlook re Europe etc.

If csco get's it together maybe one day they'll get to 34 ish where I sold core in Oct 2007 and also sold 2008 Jan 22.5 calls at the same time. I then watched them scramble and collapse. Csco waited too long to give a divi. They waited too long to begin doing public acquisitions and as they did all this, their decisions process re hiring talent was thick as molasses. So now near 6 years later is Csco back. NOT if you were one that didn't understand there's a time to sell and many still are sucking wind at 27-34 ish.

So let's see how it does with 24.30 or 27 and maybe then I'd be willing to believe all is good in Csco land. Here and now it's in recovery mode.

IMHO

Fintas