I don't think we'll see 29 per say, but I do think CSCO will close below 30 by Friday, due to options expiration pinning the stock at the 30 strike.
I am long CSCO, as I believe by the end of the year this stock will be higher. However, I am also long Mar 30 puts on the stock, playing what I hope transpires to be some near term weakness. Remember not all tankings come out in a V-shaped bottom. If in fact 28 is the bottom I would think we have at least one retest remaining.