Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (62109)	10/23/2002 9:15:44 AM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 77400

it's obviously not a 10 to 15 trading range anymore. a dip to the low 8s has definitely changed the range. kind of like the 45-50 trading range became the 38-47 range, then the 32-41 range, then the 25-35 range, and so on. personally, i wouldn't get too excited about the latest "charge" to 11. you may have to resort to rain dancing to get things back to where you and your fellow”foul weather friends” are more comfortable. i think you have the wrong understanding of me. i actually think it is cool when stocks like CSCO go up, because it presents better shorting opportunities for me. in a bear market, i find it much easier to make money on the short side. (however, w/r/t CSCO in particular, i would like to see the stock rise a lot further before shorting it.) i prefer to rely on logic. that is possible with a bearish position. btw, is CSCO at 11 where you are "comfortable"? i thought you were bullish at 50? or did you always sell at the top and rebuy at the bottom of each and every (temporary, oh-so-temporary) trading range?