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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (15087)1/12/1998 1:38:00 AM
From: bundashus  Respond to of 68045
 
Judy

It look like support is at 51. If it breaks thought the lower of the least square lines then the next support level is around 43 1/2.



To: Lucretius who wrote (15087)1/12/1998 11:18:00 AM
From: Judy  Read Replies (1) | Respond to of 68045
 
Lucretius, if you are doing a fundamental/market sentiment short on CSCO ... forget the daily and weekly flux. CSCO is not going to fall apart unless it gives dismal forward guidance.

btw, I waited two months for the drillers to fall apart, while all on SI were changing their opinions on a daily basis. So you can wait for CSCO too. First target is 47+ and if sentiment and the market remain negative, second target is 39-40. And don't call CSCO names while you are short, kiddo!