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


To: DiB who wrote (16670)9/1/1998 11:53:00 AM
From: Mama Bear  Respond to of 77400
 
DiB, it is undeniably a rally. The question is whether it is a sustainable rally or not. The fact is that volume was heavy on the way down and has been light on the way up. A lot of the price fluctuations in CSCO today are due to NDX buying/selling. CSCO is going up and down with the market. I am still of the opinion that this is a bull trap.

Just FYI, I have no position in CSCO now, but would like to establish a long position. My personal risk tolerance will not allow me to buy at these levels in this market environment.

Barb