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


To: Jacob Snyder who wrote (51364)4/12/2001 9:58:45 PM
From: Ed Forrest  Read Replies (1) | Respond to of 77399
 
But don't sneer at a 1/2 point gain for CSCO. When the stock is almost at single digits, that's a tradeable rally. Since I quit doing LTB&H in January, I love all this volatility.

Jacob

Not sneering, just thinking out loud. :)

Since I sold Cisco at 53 last year I have taken that gain and the initial investment monies and have traded it all the way down and nearly tripled my original shares and am just about in the black.

Of course it entailed taking some moderate losses along the way but because Cisco continued lower I was able to accumulate more shares at lower prices.

I put a lot of time and effort into this project and now hope to enjoy the fruits of my labor.

It would not have worked nor would I have tried it if it were not for the adverse market conditions.

Ed