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


To: Ed Forrest who wrote (53946)7/8/2001 11:55:39 PM
From: Jerome  Read Replies (2) | Respond to of 77400
 
>>>I'll go simplistic,it's a traders dream come true. <<<

CSCO and ORCL have been my two most profitable positions this past three months.

Here is how I manage it without spending a whole of time at it.Where ever CSCO and ORCL close on any given day, I put in a sell at 1 1/2 points higher for the next day. They seem to close about a 1/2 point off their highs for the day. If I get sold out I put in a buy at 3/4 of a point below my sell out price.

My idea is to have a plan written out for buy and sell limits prior to the market open. Enter these on the computer as day orders and then get on with whatever I had planned for the day. I have wasted too may days watching the computer screen for some event that never came about.

Have you or any other thread viewer figured out a simplistic approach to trading CSCO?

I do this with three stocks and the results have been better than I expected.

Regards, Jerome



To: Ed Forrest who wrote (53946)7/9/2001 2:09:54 AM
From: MechanicalMethod  Read Replies (1) | Respond to of 77400
 
"range for the past 3 months"

It's approaching a test of bottom here but I will wait patiently for it to turn up before jumping in.