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

To: Bull4Now who wrote (6899)	9/7/1998 6:25:00 PM
From: wizzards wine	Respond to of 34808

Hi Bull4Now, CSCO MR Dietz's favorite stock P&F wish review for you... RS Buy in X's currently above the trend line having bounced off it now once, it down at 83...No new buy signal will be given until 95 and the last top was lower..If it breaks a double bottom and gives a sell signal at 81, that would also break the Bullish Support line..nt being a good thing.... Hope that helped and I'll send a little note to Mr Dietz and Jan to give you thier opinions... Later Preston

To: Bull4Now who wrote (6899)	9/8/1998 10:24:00 AM
From: Ms. X	Respond to of 34808

Hello Mike still a bull4now.. Saw Preston gave you an update on Cisco which I can't add much too. Cisco is a buy bouncing off support like that. Would like to see it break to 95 today giving it a lower bottom but... If it were to consolidate here a little bit I wouldn't be worried at all. 81 being the hedge. 86 would be a red flag since it reversed up in X's today and at resistance at 94. LU did exactly the same thing. Practically identical on the charts. Jan RB capital management (laugh)

To: Bull4Now who wrote (6899)	9/8/1998 11:53:00 AM
From: Hardline	Respond to of 34808

Cisco vs the rest Since this is my field, I can tell you that Cisco does not have the best technology. But please remember that the market does not reward the best. Look at IBM vs DEC or IBM vs EDS. I would suggest you do a basket approach to networking stocks. Stocks that should be in that basket would be CSCO, LU and ASND. CSCO is the darling of the market place, LU has a strong foothold in the ILECs and ASND has the best technology. Hardline

To: Bull4Now who wrote (6899)	9/8/1998 10:47:00 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 34808

Hi Mike, CSCO - $86 or below would break a double bottom. Lower than $86 would break the BSL and might be the area where you want to think about selling...if that's what you really want to do. Don't forget about the tax implications. I, like the rest of the CSCO employees, am restricted in using most option strategies to protect my position, however selling covered calls is one option that is open to me. CSCO has a DT at $94, if it can't break the DT by moving to $95, it might be a good time for selling covered calls. I like this strategy better than selling shares, but think that buying at $86 (not selling) is the better strategy. But, of course, I am biased......:-) Tom