Jump to content



Photo

CSCO earnings tonite.


  • Please log in to reply
9 replies to this topic

#1 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 06 May 2008 - 09:13 AM

I'm short. there is nothing they can say that can pass for good news, IMO.

#2 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 06 May 2008 - 09:46 AM

http://bigcharts.mar...&mocktick=1.gif

First target is to test last day of strong volume low... 25.50. My best guess is we return to that 23 bounce area after they report...
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#3 atlasshrugged

atlasshrugged

    Member

  • TT Patron+
  • 4,409 posts

Posted 06 May 2008 - 11:06 AM

http://bigcharts.marketwatch.com/charts/big.chart?symb=csco&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&size=2&state=9&sid=6458&style=320&time=19&freq=1&comp=NO_SYMBOL_CHOSEN&nosettings=1&rand=9457&mocktick=1.gif

First target is to test last day of strong volume low... 25.50. My best guess is we return to that 23 bounce area after they report...



semi,

didnt your suppliers say this quartere was ok?

#4 arbman

arbman

    Quant

  • Traders-Talk User
  • 19,504 posts

Posted 06 May 2008 - 11:34 AM

make sure it is not...

Posted Image

#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 06 May 2008 - 11:40 AM

Supplier friends say this quarter will be fine... it's the guidance for Emerging Markets and Europe they are worried about.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 06 May 2008 - 12:51 PM

BTW, those supplier checks were done 2nd week of April, so they could have stuffed channels for all I know... And I am not responsible for any trades except my own... do your OWN due diligence... BLAH BLAH BLAH.... (insert boilerplate disclaimer here) B)
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#7 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 06 May 2008 - 12:58 PM

yes, I'm looking in the 23 range too.

#8 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,217 posts

Posted 06 May 2008 - 01:06 PM

One of my hedge fund buddies just told me not to expect them to cut guidance... So there ya go, whatever u think. I don't like the chart so I'll go with that.
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#9 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 06 May 2008 - 01:43 PM

I don't think they'll cut guidance. But I do think the report will be very cautious and unexciting.

#10 iloli way

iloli way

    iloli = I'm Laws Of Line's I(eye)

  • TT Member*
  • 4,028 posts

Posted 06 May 2008 - 01:44 PM

First target is to test last day of strong volume low... 25.50. My best guess is we return to that 23 bounce area after they report...


If you'er right this afternoon, I am sold (about you). :buddy_jesus:

gf
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton