CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Yogizuna who wrote (5137)	3/24/2000 12:44:00 PM
From: Early Out	Read Replies (2) of 17683

OT (CSCO talk) Looking at the chart for that time you are right. I bought on May 26th after it had already dipped, although like I said it never went down any more. I don't plan on selling any time soon. But if you want to see why you shouldn't try to time a buy of CSCO go back an analyze what would have happened if you had bought $1,000/year every year for last 10 years. If you bought at the absolute trading high for the year you would have something like $800,000 now. If you bought at the absolute trading low of the year you would have about $2,000,000. I don't have the exact numbers but I did this analysis just a couple of weeks ago and that is roughly what it is. The point is that the delta between the worst possible result and the best possible result is only about 150% over a 10 year period - which I don't think is enough when the latter requires perfection and any moron could achieve the former. :-)

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