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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.04

-0.3%

Nov 26 3:59 PM EST

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To: sepku who wrote (12705)	2/27/1998 2:52:00 AM
From: Gerald Walls	Read Replies (2) of 77400

I see you are still wholly confused and disoriented. Allow me to suggest that you visit your neighborhood Barnes&Noble to obtain an appropriate introduction to novice TA, such as the "Idiot's Guide to Technical Analysis". If you still find yourself drooling and stuttering at the mere mention of moving averages, and cannot grasp the simple concepts beyond literal interpretation, you may want to consider a visit to the nearest GNC for the purchase of some Ginkoba supplement to sharpen your mind. Ignore the label and quadruple the dosage. I see that you have no argument and so have resorted to name calling. Fine. It still doesn't change the fact that you said that because the stock closed about the 200 day moving average people who bought 200 days ago now have a profit. Maybe you need to read a tome on moving averages. Or at least look at a chart (http://quote.yahoo.com/q?s=asnd&d=1y) and see that for anyone who bought in the past year and held, only those who bought since the middle of September have a profit. Why do you deny this? Did you or did you not say in post Message 3515322 "ASND had a positive close above the 200dma for the first time in a year...so even those who held shares from 200 days ago and never picked up any more in the bargain bin, are now making money." Does this or does this not say that those who bought the stock 200 days ago and did not average down are making money? Is it not fact that 200 trading days ago the stock was in the $50 to $60 range and that it is currently about $36 and that your statement is therefore wrong? Is it not a fact that for a person with a long position to have a profit in a stock he must have obtained it for a lower price than what it's currently worth, regardless of what any technical indicator says?

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