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

To: Lucretius who wrote (15117)	1/16/1998 4:30:00 PM
From: Judy	Read Replies (1) \| Respond to of 68077

Lucretius, CSCO should not crack unless it gives negative forward guidance. The stock is tracking along its upper bb waiting to breakout. Look at a longer-term chart for CSCO, CSCO has returned to its bull channel as posted two weeks ago and I await a run to new highs before falling back. btw I don't change my views frequently and certainly not based on daily flux. Both NE and CSCO are fine stocks for the future but will suffer the vagaries of a down market. Examine their one-year charts while you cover up their names ... which looks like a natural short? Hint, ticker symbol has two letters. In fact, tell your broker to do this exercise and post me back what he says.