Wednesday, November 10, 2010

11-10 CSCO cycle analysis

CSCO reported - earnings looked OK.  As usual Chambers provided very conserative/reserved guidance.  AH CSCO sold down.  So what do the next few days hold?  If we look to buy then when?  Hopefully cycle analysis will provide a clue.  Here is a chart with annotations:

Looks like a 10-15% correction but not over the cliff.


  1. inlet, can you update CSCO? I am long as of 19.12. yr end tax issues should be completed. value stock. you should buy some!!!!!!!!
    div details soon.
    thank you.

  2. I will see what I can do. Sounds like you are in at a good entry price.