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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 74.32+0.9%3:59 PM EST

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To: RetiredNow who wrote (69487)1/10/2006 12:13:01 AM
From: Sr K  Read Replies (2) of 77400
 
Nonsense to me.

<<people who try to time the market consistently underperform those who diversify their holdings>>

What does timing the market have to do with diversification?

Maybe you meant:

<<people who try to time the market consistently underperform those who sit on their holdings>> because this is evidence that buy and hold is the "best" strategy.

I question that, now that commissions are so much lower than when those studies were done.

Cisco has much too much risk for someone seeking 10% per year.

And, <<NO ONE knew Cisco was going to be flat all of 2005>>, no one on this board except me. I was within 1% of the close on 12/30.

You'll probably say I didn't "know" and it was a guess.
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