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


To: jach who wrote (25485)5/12/1999 2:57:00 AM
From: Uncle Frank  Read Replies (1) | Respond to of 77398
 
>>May not be a bad time to seriously consider switching to DIA, SPY and QQQ.

Not a bad idea, Jach. Index funds had been very good to me since 1995, though I've dropped them in favor of active management in recent years. Recently we've started accumulating some qqq in wife's ira. In 1998 the ndx grew by about 85%, which I'd be happy to take as an overall return anytime <g>.

Speaking of returns, I know you did very well with fore, but just in case you need to rediscover humility, take a peek at the comparison to my largest holding:

techstocks.com

We both know that 60 days means nothing unless you're an options player or a trader. The networking sector has been lukewarm since the recovery from last October's plunge. None of the participants have zoomed, unless they were in the process of being acquired. So the comparison of csco to dia is a tad misleading.

Are you diversify some of that fore stash into one of the amex trusts?

Frank



To: jach who wrote (25485)5/15/1999 11:24:00 AM
From: jach  Read Replies (2) | Respond to of 77398
 
Why keep on holding CSCO based on this chart, the trend seems to look terrible. CSCO curve indicates a forward-down-trend linear sine wave which is bad, really bad. All imo.
techstocks.com
Even the no-brainer DIA (Diamond) did much much better.