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

To: John Koligman who wrote (74879)	1/17/2008 10:55:08 AM
From: Elroy	Read Replies (1) \| Respond to of 77400

If you are very risk averse, one trade a week like the one I outlined will result in one doing very well. I have no problem with risk if I think it has a decent return, but like I say with your style of trying to grab a dime here and there, I wouldn't have any idea where to grab. And sitting and watching the price movements each morning for an hour really doesn't sound that enjoyable. I have an options account where I get my trading thrills, but I usually either try to trade very short options around announcements (usually the quarterly results), or long dated one year options just for their leverage. I don't know squat about technicals. With most of my money I tend to buy and hold, until I change my mind or I decide there is a better investment than the one I chose 3-24 months ago. So I usually hold stocks for 6 -36 months, usually a year or so. Sold QCOM that I've had for 18 months to buy OVTI yesterday. I like QCOM longer term, but OVTI at 4x forward EPS just looks better....that QCOM hadn't worked out that whole time makes the decision pretty easy as well....