SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Forrest who wrote (54491)8/14/2001 8:59:44 PM
From: Victor Lazlo  Read Replies (2) | Respond to of 77400
 
<<Except for the hit and run bashers, I believe most longs are reluctant to post because they do not want to subject themselves to the childish taunts and barbs of the thread morons. >>

Ed, perhaps the morons are the ones who had complete, blind religious faith in CSCO and all their inflated and twisted finaicial statements. Perhaps the morons are the ones who had such blind religious faith in CSCO that they gave up their huge paper gains in CSCo so they could ride it all the way down to 12 or whatever.

Those are the folks whose credibilitiy really is in serious question, since they have shown such poor judgement already.
Victor



To: Ed Forrest who wrote (54491)8/14/2001 11:07:44 PM
From: Jerome  Read Replies (3) | Respond to of 77400
 
>>> Fellow poster Jerome, while not completely agreeing on method,<<<

There are lots of different methods, and even the so called best method (The one that worked last time..:) needs to be reviewed and revamped about twice a month.

The decrease in the number of postings is simply a reflection of a static stock.( for now). I own a few stocks that have gone no where for the past four months and it appears that the stock thread for those stocks is suffering the Rip Van Winkle disease ( wake me up when something happens)..

Ed, you mentioned that your preference was to initiate a position at 2 points below the ten day moving average. It would be helpful if you posted that average periodically to give the thread viewers and idea on a possible entry point.

Would the ten day average as you use it be the closing price of the CSCO for the last 10 days, totaled and divided by ten. Or do you use the intra-day high for this calculation?

daytrading....tough to do on a sliding stock price...

My viewpoint would be to wait for a few strong up days in the tech area and see how CSCO responds, and then decide what course of action would be appropriate.

In short term trading of CSCO....brilliace and stupidity are closely related and just a few mouse clicks apart. And if I was a drinking man, CSCO would give me all the excuses I need to go out for another bottle of bourbon.

Bottoms Up, Jerome