Everyone has gone mad.
Rick, I hardly think so. On this thread, we have so many different individuals, with so many different perspectives on the market (or individual stocks), with so many diferent tools, at so many different stages of their life path, with so many different investment or trading objectives, that it would be extraordinarily remarkable if we could achieve any sort of consensus on this thread (or any other). Perhaps LT's strategy of playing the looooong run will work (I admit, it doesn't look good now); and Thean's and others in-and-out for a few points, well, it may not be your cup of tea, but if it works for them, eh! The most salient aspect of this whole investing schtick is to feel comfortable with whatever strategy you employ. For me, I have 2/3 my assets in long term buy-and-mostly hold. One third, I trade. If I screw up, OK, (well not OK, my wife gets real mad!), but I still have plenty of comfort.
CSCO, yes, a gorilla now. But watch it - at one time DEC was a biggie in computers. Do you remember Data General!!
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