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

To: RetiredNow who wrote (59838)	6/16/2002 9:08:24 AM
From: mary_a	Read Replies (1) \| Respond to of 77400

mindmeld, prediction is a silly business unless it is based on sound analysis whether it is technical or fundamental. that makes it become something a bit different than just a prediction for the sake of guessing price movement. everyone who buys or sells or shorts a stock is making a prediction at the time they do that. my statement was a prediction based on studying and TRADING gaps for a good many years. i made the statement not to entice anyone into acting on it but because i have never seen a stock with a gap of "size" that has not been filled (or within a a few pennies)... a couple of exceptions...1 if the stock splits enough i am not sure that the gap does not go away or become insignificant...2 the company goes out of business. since i do not expect csco (and many others that have lower gaps) to announce a split anytime soon (unless it is a reverse split :-) ) i was certain the gap would be filled. there may be SOME that are never filled but i have not found them in my years of trading them and i keep a database on a great many stocks with gaps. a couple that i am working with at the present is mmm and noc...just for informational purposes. since i have owned csco (several years ago) and shorted csco (several times since owning it) i have put my money where my mouth is. i think posting them is a mistake because all of a sudden one has an interest other than making a profit. by posting the position they have invested in something that will cause them to lose more money if they are wrong. it is no disgrace to be wrong but it is a disgrace to stay that way. if you were going to buy csco at 15 and decided not to based on something that changed you were right not to buy it. that shows intelligence rather than bullheadedness. from my review of many of the posts on this thread i see many that were bullheaded and it has cost them dearly. I am always happy to be proven wrong when i can avoid a loss or, better yet, make some money. i did post 2 valuable technical items. 1 the gap and 2 the 200 dsma BUT if God himself presented me with the Holy Grail carved on stone tablets today, and i posted it to this thread. some would proceed to get rich quickly. the remainder would go broke trying to prove me wrong (especially if it was not bullish). the information might leak outside the thread, but it would quickly sink into obscurity, being judged "to-good-to-be-true" edit: then there would be some that would want me to prove it. :-) mary