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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.080.0%Nov 7 3:59 PM EST

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To: Wyätt Gwyön who wrote (52463)5/8/2001 4:47:42 PM
From: RetiredNow  Read Replies (2) of 77397
 
Yes. If I had a crystal ball then I'd be a full time day trader. Unfortunately, the way to win consistently over the long term without a crystal ball is to invest for the long term. That means sometimes losing out on potential good trades like that and also not selling when you're at a loss, when it would have gone up. The sword goes both ways.

The way I look at it is that I've triple my money in 4 years and I think I will at least double my money in another 4 years. Those are outstanding gains by any measure.
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