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


To: The Phoenix who wrote (11452)1/9/1998 12:15:00 PM
From: Lucretius  Read Replies (1) | Respond to of 77400
 
Gen mkt cond, high valuation, probability of a miss or simple meeting of expectations this qtr--- those are my reasons, and I'm hearing they're going to miss from a friend. Could be wrong though. Right now, the mkt agrees, CSCO at 54.5 (below 50 dma) If we close here or lower, you get a dark cloud covering the previous up week on the weekly chart. That's a major sell signal.

-Lucretius