CSCO watchers could make a case that it completed an a-b-c off the August lows at Monday's high: <A HREF="http://stockcharts.com/def/servlet/SC.web?c=csco,uu[h,a]daclyiay[pc9!c13!c20!d20,2!h.02,.20!c50!c100!c200!c150!b200!c125!c175!f][vc60][ila4,9,5!lh5,5!li10,10!lp14,3,3!ll4!lo14!lb14!le5,10,1!lh89,34!lh45,17!li180,68!lp3,2,2][J25923908,Y]&pref=G" target="_blank">http://stockcharts.com/def/servlet/SC.web?c=csco,uu[h,a]daclyiay[pc9!c13!c20!d20,2!h.02,.20!c50!c100...</A> The bullish case is that this is a wave iv of 3 up off those lows.