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


To: sepku who wrote (12719)2/27/1998 3:53:00 PM
From: Jurgen  Read Replies (2) | Respond to of 77400
 
Style, we agree on the the 200 day ma as a valuable trend indicator. It's widely followed and that's why it works.
The last time CSCO crossed below its 200 day MA (2/21/97) the share price fell ca. 30%. If i had put my money into CSCO when it crossed above the 200 day MA (5/8/97) i would have made 63% as per today.

The CSCO thread is tough for us nice and smart ASND guys :o)
Since you've started to provide some additional information (with the best intentions, of course), e.g. YTD-performance some investors are irritated. CSCO performs like a dog compared to ASND. And now the kiss of death, an upgrade near the all-time high ! What would you do if you were from Idahoe ? I would throw potatoes...

Jurgen