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


To: RetiredNow who wrote (67548)4/12/2005 10:14:58 AM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
BTW, folks, back on the Cisco topic for a sec. This down market during this part of the year shouldn't be a surprise to anyone. This is typical. We usually have good runups from Nov to Jan or Feb. Then the market levels off or goes down from March to May. Then we usually have a slight lift through July. THen another downdraft from August to October. Then the upcycle begins again.

Cisco tends to follow these cycles as well. Just wanted to put the recent malaise into perspective. I have actually been using this downdraft as an opportunity to buy more into my overall portfolio. I've already made my bet on Cisco in the upper $17s and fully expect to get a 20%+ return on my Cisco stock this year, as it closes above $20 at year end.