SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Duke who wrote (12974)3/2/1998 3:40:00 PM
From: James Strauss  Read Replies (1) | Respond to of 79521
 
CS...

>>>Care to share your latest thinking on Cabletron? Heading in the wrong direction. . .<<<
**********************************************************************
Duke:

CS looks like it will test the 14.00 support area... Below that is 13.00... There may be some anticipation of what is traditionally a weak first Qtr... I expect CS to hold in the 13.00 to 14.00 area, and then advance to the 16.00 area to challenge the breakout that would take it to the 23.00 to 26.00 area... Buying below 15.00 as an initial position or an addition looks good for those that are willing to wait for the breakout payoff that could come anytime in the next three months...

Jim