Re: [RT] STK: CSCO

["Don Ewers" <dbewers@xxxxxxxxxxxxx>]

Ira,
Attached AGET chart gives the "normal" range that wave 5 will end based on 
a wave 1 to wave 3 expansion added to the top of wave 4 . . .  so yes it is 
possible? What appears to be missing is any "noticeable" minor wave 4 inside of 
wave 5 down so  a rally above the 6/4 ma channels, should it occur, might 
only be that, a minor wave 4 of wave 5, with minor wave 5 of  wave 5 
yet to come (to lower prices)?
 
Perhaps the October 1998 low shown on the weekly chart at 10 9/32 will 
offer some support? 
 
The idea posted that these might be considered as long term calls with 
no expiration is an interesting thought :-)
Good luck and good trading
don ewers
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Ira Tunik 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Tuesday, April 03, 2001 10:56 
  AM
  Subject: Re: [RT] STK: CSCO
  Now do you have a point where it will be a good buy?  At 
  20 times past earnings I have $8.20.  Can that be true? Ira 







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