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To: The Perfect Hedge who wrote (5791)12/20/1997 9:41:00 PM
From: Brian Hornby  Respond to of 95453
 
Medium long term you could be right on shorting CSCO, but to me the chart looks like a short term (3-4 day) rally is in the works. Friday a "Morning star" candle formation was put in, which is a strong indicator of a bottom reversal. My feeling is a Santa rally will play out, then we see if Asia flu or January effect rules...