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

To: Monty Lenard who wrote (41074)	10/18/2000 7:42:13 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 77400

Well I flipped the DIA 97 to 100..and then ordered a small position in the WDOWX for the closing NAV, it may go down another 5% , or even 10% but I can ride taht. Remember the program you sent me about adding to and taking from the NDX fund ? Well I never understood it very much but made up a spread sheet on several index funds, and unless the market melts down more than it did in 87 a dollar cost averaging makes money in bad markets, just as long as they don't do a 1929, if you have or can get enough cash to average down 4 times. It don't get you out at the top or in at the bottom, but it beats the index over time, and when you are out you get MM rates. ------------- Not many people can beat the index over an extended time period; & very few mutual funds do. Riding a hot fund is OK but when the market corrects often a shift happens and the hot fund of yesteryear can become tomorrow's dog, most funds unless they are index funds don't have a type of history for me to run my spread sheet on. As a rule of thumb; any time I would be in an index then I can do a fund ( if it's beating the index at that time, ) if it starts to under perform the index even for a week it's time to get out. I have a few stock positions but when I close them that's it. I can play the index and beat it..& I can't do that good picking stocks. It just takes too much time to figure 2000 items and time the market both. I do watch the 12 Mo Mos but I don't even want to play them , as funds managers do fight one another to get an edge ; they make even those Mo Mo stocks dance all over one another, ( them I expect more than most ). Jim