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


To: RetiredNow who wrote (74599)11/14/2007 8:18:39 AM
From: RetiredNow  Read Replies (2) | Respond to of 77400
 
OTOT

Bush may very well be the biggest moron in the world. Did this guy fail economics at Harvard or did they just give him a pass because he was a President's son? He thinks the market ought to increase the value of the dollar relative to other currencies, because gosh well, we have a "strong dollar policy". What about the budget and trade deficits dufus?! Sheesh. I wish I lived in Bush's world, then I'd walk around saying I have a strong personal net worth policy and the market would reward me with an extra couple of million dollars so that I could retire.

US dollar will get stronger: Bush
news.yahoo.com
Wed Nov 14, 1:25 AM ET

NEW ALBANY (AFP) - US President George W. Bush predicted in an interview Tuesday that the battered US dollar will get stronger because the US economy is robust.

"If people would look at the strength of our economy, they'd realize why, you know, I believe that the dollar will be stronger," Bush told the Fox Business Network.

"We have a strong dollar policy, and it's important for the world to know that. We also believe it's important for the market to set the value of the dollar relative to other currencies," the president said.

Bush cited low US inflation figures, modest interest rates, job growth, and gross domestic product growth and declared "the underpinnings are strong."

Asked whether he was satisfied with current exchange rates, Bush replied: "I am satisfied with the fact that we have a strong dollar policy and know that the market ought to be setting the exchange rate."

The dollar has been weakening against the fast-appreciating euro in recent months. In European trade Tuesday, the euro climbed to 1.4599 dollars, compared to its rate of 1.2806 dollars a year ago.



To: RetiredNow who wrote (74599)11/14/2007 9:13:42 AM
From: Elroy  Read Replies (1) | Respond to of 77400
 
So you claim as fact that Cisco's risk of going lower was not close to nil and yet you provide zero in the way of proof.

Do you actually need proof that the downside risk of a large cap tech stock in the S&P 500 is not close to nil? Every stock has meaningful downside risk, every day. Do you really need proof of that?

BTW, you should take social skills training.

Really? Your experience with that was good? Where did you get your training? I've never heard of anyone taking social skills training, but am glad that your class helped you.

I have a very heavy statistics background and use it every day as part of my job. So I understand how to calculate probabilities with Six Sigma projects as well as with portfolio theory, in which I have an advanced degree.

With that education (plus social skills training) did you still conclude CSCO had downside risk close to nil? Your teachers would be ashamed of you (the stat teachers, not the social skills teachers).

But every statement made doesn't require a statistical diatribe, unless you are just plain antisocial.

I haven't brought up statistics once, so I think you're convincing yourself of something here. I've just used common sense (see previous comment about every stock having meaningful downside risk every day).

You are just looking for something to make yourself look smarter, when the plain facts are that you have been wrong time and time again on this stock.

Do I really look smarter? Well, thanks a lot! I'll bet they taught you something about complimenting people that you disagree with in your social skills class. Well done!