>>got a couple of friends that have been very happy with their CSCO positions. <<
Now Im very happy with CSCO position, and I assume I qualify as your friend, so here's my 2c of opinion: dont look at CSCO (or for that matter at anything) using linear graphs. The only natural way of looking at the market prices is logarithmic. Of course if you're working within weekly/daily/hourly universe, then it does not matter. However, if you look at CSCO my way, and you do that over two/three years, you'll see a definition of channels (sigh, interrupted by some seismics now an then), with a rather (well, I use this P-word sometimes too) predictable behaviour. Tells me, Internet rules OK.
Regards. BTW I read every line you write, even if sometimes it's hard for me to follow you into details.
DJ |
