Back on July 19th, I did a post for Slope+ users which stated the following about Cisco:
It’s interesting to me that a company as large as Cisco, even when viewed over years, has been trading in such a reliable price range. I’d suggest that, given present price levels, as well as the relation of present prices to past conditions, this might be an opportunity to take advantage of the potential for weakness ahead either by way of puts or selling the stock short. A conservative stop-loss price would be 26.32. (more…)