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About time Cisco
Rating: 1.67 (3 votes)
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CSCO finally starting to rally. The lows it hit due to the fear on the street made me wish I had enough real money to invest in an IRA/ROTH/real account. I predict CSCO will hit $27-30 by the start of Summer. Their guidance looks as promising as ever, even in this perceived tough economic environment. Now if only MSFT and EMC, and INTL would rebound... again a long term buying opportunity. I thoug4ht my selling of MOS and CHK for a 20% gain were a wise move, given the quick rise in price recently. I was wrong. MOS and CHK had only more to go. Crop and Nat. Gas prices are moving higher, and no sign of a pull back is evident. Oops. In a longer term account, I would've probably held onto both, but been more more likely to sell MOS hoping to buy it back below $95. NTRI continues to disappoint in the shorrt term. But long term, this is a HUGE buying opportunity. AAPL is finally starting to rebound, which is also long overdue. GLD I don't see falling anytime soon. Inflation fears are too high. I'm not sure what will happen from here, other than "The markets will fluctuate." | ||
Comments (2)
Matt,
MOS good sell
CHK could have held a while before sale
CSCO Should had bought at next pull back
NTRI wasted paper, Internal problems I can smell it, There are better picks, find one
AAPL ok but watch for pull backs
GLD, BUY more
The other tech stocks will be awhile, week or so
Looks like your doing a fine job, just rushing it a little. Nice job, Ric Bottorf, Keep up the good work Matt.
Posted by Ric Bottorf | February 29, 2008 1:22 AM
I've always thought CSCO was a solid stock and own it in two real portfolios for long term. I've only made plays at trading it here because the short term outlook has been tough. (I also own INTC and MS for the same reasons and just sold my EMC in the real world due to no performance at all. lol)
Good luck,
Uncle John
Posted by Uncle John | February 29, 2008 9:03 AM