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

To: Monty Lenard who wrote (43445)	11/14/2000 9:35:49 AM
From: TigerPaw	Read Replies (1) \| Respond to of 77397

have yet to receive an answer as to why it is less likely to go to 5.5 SD below than it was to go to 5.5 SD above. Not that I am all that familiar with the theory, but common sense tells me that a stock can go as high as it wants, but can only go down to zero. I would not expect fluxuations to be symetric. TP

To: Monty Lenard who wrote (43445)	11/14/2000 1:36:15 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77397

OK. Here's your answer: the index is AS LIKELY to go 5.5 std devs below the mean as it is to go 5.5 std devs above the mean. That is statistical fact. It's just math, not rocket science, like you said. According to the math, we're not likely to see the downswing of 5.5 std devs below the mean. By definition, the odds of that happening are extremely slight. Can it happen anyway? Sure. I could also win the lottery or get struck by lightening. ANYTHING is possible. But the real question is whether it is PROBABLE.