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


To: Jerome who wrote (53947)7/9/2001 12:05:09 AM
From: MechanicalMethod  Read Replies (1) | Respond to of 77400
 
Jerome, Having a plan written out in advance makes good sense. Your method looks interesting! CSCO and ORCL are good stocks with good liquidity. Regards, MM



To: Jerome who wrote (53947)7/9/2001 1:43:17 AM
From: Ed Forrest  Read Replies (1) | Respond to of 77400
 
Jerome

You've posted your trading approach in the past and I found it as interesting then as I do now.

My "simplistic" plan is when Cisco falls more than a full point or more below it's 10 day moving average that I will be looking to make a sizeable buy the following day.

My sell point is 2 points above my buy.

This plan has of course to be somewhat flexible as market conditions dictate.

Trading only a couple of times a month suits me just fine.

Ed