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


To: steve wong who wrote (17907)10/7/1998 3:28:00 PM
From: Judy  Read Replies (1) | Respond to of 77400
 
Steve, I don't pay attention to analysts when a stock breaks historical support. If one paid heed to the analyst comments saying the selloff in financials were overdone way back when, one would have bought MER at 60ish ... the historical support that caved.

On CSCO and PFE, I will wait until the market retests its lows and the overall market context firms. Why try to predict the bottom, although the reflex bounces can be traded by the very nimble.