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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: bambs who wrote (36662)5/26/2000 6:58:00 PM
From: The Phoenix  Respond to of 77400
 
Of the two news items the first one - parts shortages - has been so beaten up it's old news. I can only think of one reason to post old news - nothwithstanding Bloomberg's report... notwithstanding the actual facts.

The second item had nothing to do with telelcom or datacom equipment but you worked to strech it in such a fashion.. and yes for this you were greeted with posts which disagreed with your position.

I'll point out that while this market has been moving in a southerly direction all positive news has been ignored. Tell you what - post some of that too and perhaps you be veiwed as being less biased. The reaons for your news post was pretty clear.... and well... it's almost as if the bears are looking for more bad news to push this pup down but we've weathered

- interest rates increases
- Barrons articles - rehashing news
- Bloomberg rehashing the rehashed news
- jawboning by the bears that we're going lower

And here we are ... Memorial Day weekend.... two months deep into the jaws of the bear. I continue to believe this stock as well as a whole host of others have more room to gain than to lose. If you want to trade it - that's your business but if you're going to trade stick to the technicals. If you're going to invest than being short makes no sense. You have said you're a trader... so valuation, markets, growth, etc. mean very little. Stick to the charts my friend.

OG



To: bambs who wrote (36662)5/26/2000 7:11:00 PM
From: Ed Forrest  Read Replies (1) | Respond to of 77400
 
Ed, you shouldn't attack me because you weren't smart enough to make it as a daytrader.

The truth is that I was smart enough to realize the best way to make money in the market is to buy Gorillas like Cisco,hold em and prosper.

But for those of us that make it $1000 a day is easy

The foolish part of this statement coupled with prior claims of" I do claim I make money 4 out of 5 days as week trading" is that they defy common logic.

If one can make 1000.00 a day "4 out of 5 days as week" why not increase the trade amount and become rich beyond comprehension if it's, as you claim, a foolproof system?That's your contention and stated success rate.

Do you not realize how ludicrous you sound? 6th graders have more reasoning ability.



To: bambs who wrote (36662)5/26/2000 7:26:00 PM
From: Midnightsun  Read Replies (2) | Respond to of 77400
 
bambi,

I guess I fit into the category of "jack asses" since I am long in Cisco and have been for a very long period. Long enough that my base price is less than 6 bucks. Not bad for a jack ass especially since I own a ton of the stock that "is going to fall" as you put it. I have been reading this thread and many others for quite a while but I have never posted because I don't have much to contribute since I just invest long and sit back and wait. After reading your latest post I felt that I should jump in on the "longs" side. If you make a $1000 bucks a day then more power to you. That is well over $300,000 a year and thats a lot of bucks. Of course my holding long more than triples that but I am in the jack ass group so I can't do any better. I have found that it is always the shorters and daytraders that love to brag about their good fortune when stocks take a nosedive and grow rather quiet when stocks rise. This is probably due to the inner wishing that a stock needs to fall right away in order to make some money. Reading your posts, you fit in that category. Name calling is uncalled for and wishing others bad luck and misfortune when we are all just trying to make a buck underlines the type of individual you seem to be. I really think you are probably a nice guy outside of investing so why not act like one...........