Friday, June 10, 2011

CISCO AT $15...!

THERE IS A RULE ON WALL STREET THAT ANY STOCK THAT IS WIDELY OWNED BY THE PUBLIC AS A "SURE THING" OR BLUE CHIP...WILL NOT GO UP...CISCO IS THAT KIND OF STOCK

WALL STREET IS NOT IN THE HABIT OF GIVING MONEY TO THE GREAT UNWASHED...WHO MERELY "BUY GOOD COMPANIES"...AND HOLD THEM FOR LONG PEROIDS OF TIME...

MICROSOFT IS ANOTHER EXAMPLE OF THIS DEAD MONEY RULE FOR "MUST HAVE" STOCKS...

ANY RISE IN THE STOCKS MUST COME FROM PARTS OF THE MARKET THAT ARE NOT WIDELY HELD BY THE MOM AND POP INVESTORS...

BECAUSE A STOCK IS ONLY WORTH WHAT THE LAST TRADE SAID IT WAS WORTH...

AND WIDELY HELD STOCKS SIMPLY CAN NOT HOLD UP UNDER GREAT PRESSURE FROM RETAIL INVESTORS...EAGER TO SPEND THEIR "WINNINGS."