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


To: Tulvio Durand who wrote (16013)8/13/1998 11:37:00 PM
From: Ms. X  Read Replies (2) | Respond to of 77400
 
But your P&F chart just gave a sell signal for the sector. So should one buy, hold or sell CSCO when the signal indicates sell the sector?

True but Cisco is holding fine. The hedge point on Cisco is 90. I wouldn't sell it. See no reason for it. Sector has been declining for sometime and Cisco hasn't really budged. I think it will hold and then proceed upward once all of this market silliness ends. Again, I wouldn't do anything with it unless it breaks all near term support.

If the sector reverses up and Cisco breaks to 102, buy it!