CSCO: Markets Have Memories – Because Traders Do.

3월 9일

On Friday, March 7, 2025, after a spectacular 40% rally over the past nine months, CSCO closed at $63.95—just $0.30 below its March 2021 high of $64.25. Every pullback along the way was so brief that if you didn’t have a bid in, you probably missed your chance.
Now, with the stock showing serious strength near multi-year highs, the big question is:
"How far can it go?"
The answer? There’s no limit to how high a stock can go.
Yet for Cisco, the next meaningful stop is $82—a level it last reached 25 years ago.

This stock holds a special place for me. CSCO was the first stock I ever traded when I started as a proprietary trader in 2000. Back then, it was already a "market" stock—plenty of liquidity, relatively low volatility. But in 2000, I struggled to trade it because I thought "it moved too slow."
The irony? I had no idea what "slow" really meant in the markets. Fast forward 25 years, and here’s what I know for sure:
👉 No matter how slow a stock moves, as long as it’s going in your direction, you hold it.

So here I am, 25 years later, finding it hard to believe I’m looking to buy the same stock I first traded a quarter century ago—CSCO.

3월 21일

매매 수동청산

I'll revisit CSCO in another 25 years...