No, but there is a caveat to that. It depends on you knowing something
about the display device.

For example, if you know the display device is a terminal (such as a Linux
command line) you can use the ANSI escape sequences to move the cursor
around. See here for more info: http://www.termsys.demon.co.uk/vtansi.htm

If your terminal (DOS window/Linux terminal/etc.) supports it, you can
use the carriage return character '\r' to bring the "cursor" back to the
start of the line. However, if the terminal has scrolled a line (because
the output didn't fit on /one/ terminal line), it does not get you to
where the System-out-ed line started.

public class TerminalOut
{
    public static void main(String[] args) throws InterruptedException {
        for (int i = 0; i < 100; i++) {
            System.out.print(i);
            System.out.print('\r');
            Thread.sleep(400);
        }
    }
}