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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.39+1.3%Nov 19 3:59 PM EST

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To: Yogizuna who wrote (39422)8/12/2000 2:34:29 PM
From: LindyBill  Read Replies (1) of 77400
 
How can you advise people to buy CSCO "all the time" and sleep well at night?

Yogi, you say you are a person who makes 250 to 500 trades a year. I hope you are successful at it. I can't time an egg!

I find that the philosophy that works for me, and most people, is to decide what you want to buy, buy it, and hold it long term until the story changes.

People who have bought CSCO, held it, and continued to buy and hold it, are living a rich retirement. Most people who have traded in and out of it are still working for a living.

Hey, I sleep like a baby!
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