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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.16+1.5%3:16 PM EST
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To: RetiredNow who wrote (74599)11/14/2007 9:13:42 AM
From: Elroy  Read Replies (1) of 77400
 
So you claim as fact that Cisco's risk of going lower was not close to nil and yet you provide zero in the way of proof.

Do you actually need proof that the downside risk of a large cap tech stock in the S&P 500 is not close to nil? Every stock has meaningful downside risk, every day. Do you really need proof of that?

BTW, you should take social skills training.

Really? Your experience with that was good? Where did you get your training? I've never heard of anyone taking social skills training, but am glad that your class helped you.

I have a very heavy statistics background and use it every day as part of my job. So I understand how to calculate probabilities with Six Sigma projects as well as with portfolio theory, in which I have an advanced degree.

With that education (plus social skills training) did you still conclude CSCO had downside risk close to nil? Your teachers would be ashamed of you (the stat teachers, not the social skills teachers).

But every statement made doesn't require a statistical diatribe, unless you are just plain antisocial.

I haven't brought up statistics once, so I think you're convincing yourself of something here. I've just used common sense (see previous comment about every stock having meaningful downside risk every day).

You are just looking for something to make yourself look smarter, when the plain facts are that you have been wrong time and time again on this stock.

Do I really look smarter? Well, thanks a lot! I'll bet they taught you something about complimenting people that you disagree with in your social skills class. Well done!
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