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


To: Greg Higgins who wrote (64369)8/6/2003 1:23:17 PM
From: rkral  Respond to of 77397
 
Greg, good point .. but the _on topic_ portion is "I also bought the CSCO 20 Put just before closing Monday". Same difference .. DIA or CSCO .. IMO.

My too-subtle implicit point was you were boasting without first forecasting.

But why even forecast? Without money on the line, there's no risk to your pocketbook. Even when you *have* money on the line, in an anonymous environment such as SI, no one knows that for sure. The only risk in forecasting prices is personal credibility, and that's not worth much here .. considering the anonymity. Worth some .. but not much.

But enjoy your profits, please.

JMO, Ron



To: Greg Higgins who wrote (64369)8/6/2003 1:36:52 PM
From: rkral  Read Replies (1) | Respond to of 77397
 
Greg, good point .. but the _on topic_ portion is "I also bought the CSCO 20 Put just before closing Monday".

My too-subtle implicit point was you were boasting without first forecasting. Hence the same difference, whether it's DIA or CSCO .. IMO.

But why even forecast? Without money on the line, there's no risk to your pocketbook. Even when you *have* money on the line, in an anonymous environment such as SI, no one knows that for sure. The only risk in forecasting prices is personal credibility, and that's not worth much either .. in anonymity.

But enjoy your profits.

JMO, Ron