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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: wiley murray who wrote (2675)	4/29/1998 9:17:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 34809

Hi Wiley, Looks like you are trying to cover all of the groups at SI with the question about Cisco's earnings report on May 5th. I would be real surprised if you get a meaningful response. But then again, was that your intention? A P&F read on CSCO follows: Cisco is looking very strong, however it is in a column of Os with 1 more point (to 73) required to reverse into a column of Xs. This would be a good sign. There is a double top resistance point at 75 and if CSCO can close at or above 75, it would be a good buy signal. However, I would be remiss in my analysis if I did not refer to the reversals in some of the market indicators that may portend a volatile market. You can go back to some recent messages in this group by P&F Madness to see what those were. Wiley, I would suggest that you go back and track Cisco's performance before earnings as well as their track record as far as meeting/beating estimates. I would suggest that the numbers that you are throwing around in other groups probably do not have much substantiation based on this and that Cisco stock will perform predictably without a suggestion of a big earnings surprise. Don't get me wrong, I can appreciate your enthusiasm about CSCO better than most, great company, great employees :-), just wonder why you would choose to post across so many groups regardless of the group focus and in many cases with conjecture of a big earnings surprise. Tom