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

To: james ball who wrote (8283)	10/6/1998 5:14:00 PM
From: Ms. X	Respond to of 34811

CSCO - baby what are ya doin' to us? Well, in actuality, it isn't that bad. Oh, I know CSCO is supposed to keep going up and up and up but with all this investigation and what have you, Cisco is still holding it's main support. Really? Yes, really. These are things to keep note of when looking for good buys in a market like this. The stop on Cisco would be an RS reversal to O's. 70 -------------------X ------------------- 69 X X O 68 X O X O X 67 X O X O X O 66 X O X X O X O 65 -----------X O X O X O --------X --X O - 64 X O X O X O X O X O Med 63 7 O 8 X O X X X O X O 62 X O O X O X O X O X O 61 X O X O X O X O X O 60 -----------X --------O X O X O X O X A - 59 X O X O X O X O O 58 X O 9 O O O 57 X O X O 56 X O X O 55 -----------X --------O --------------O - 54 X X O 53 X O X O 52 X O X O 51 X O X O 50 -------5 O X ------------------------O - 49 X 6 O 48 X O 47 4 O Bot 46 X O <--Has pulled down to the 45 ---X --X ------------------------------- bottom of its trading band 44 2 O X 43 X O X 42 X 3 X 41 X O X * <--BSL at 41. 40 ---X O ----------------------------* --<--Support at 40.