Seeking Alpha
  • Jim Van Meerten
    CSCO - 64% Barchart technical buy signal - 6 new highs and up 9.42% in the last month - Relative Strength Index 60.28%
    9/11/12
    Reply (7)
    • DaLatin: can you buy CSCO and short Chambers ?
      9/11/12
    • Tom Armistead: Jim, I just wrote them up favorably, this has to be a good omen, value and momentum pointing in the same direction.
      9/11/12
    • Jim Van Meerten: Tom - When the fundamental are good momentum is up that's what I like to own
      9/11/12
    • DaLatin: probably 10% pullback comong soon
      9/11/12
    • Jim Van Meerten: DaLatin - what make you think there will be a pull back and if so why not 5% or 15%??
      9/11/12
    • DaLatin: Watched CSCO bump up against 20 many time.+ INTC & related symbols in similar industries R cing slowdowns & a few compete & will cut prices
      9/12/12
    • DaLatin: Last few times CSCO beat it hit 20 as it just did.Albeit in the AH & its 19 Even a slight market pullback or pause & we may see 18 & =s10%
      9/12/12