Zeev's Turnips Patch-No Politics (ZEEV)

[SantaCruz]

Does $30 sound outrageous for CSCO?

Looking at a 3 year chart, it looks like it's ready to break above the down channel since May of 01.

My gut (not a very scientific indicator) says it breaks up, pulls back to retest the line then marches up to $30.

Oh no, I'm a believer in this bull move - at least until mid-June anyway. In fact, I'm starting to doubt there will be much of any pullbacks for awhile. Can it be 1991 all over again? Can Cramer be right? Is the bear over?

Nahh, It's just going to go high enough and long enough to make everone believers, then they pull the plug.