Cisco Rides Again!

  • Posted by
  • on July 12th, 2007

I can’t really keep track of all the stocks I am long on this blog. If you read it, you know I have been extremely bullish since starting almost two years ago.

On huge up days like today (even Sirius was up a penny :) ), I like to look through all my stocks and just see if something needs to be sold.

I would not sell anything today. The only thing I am nervous about…is that I am not nervous.

I am absolutely most bullish about the price action in Cisco. When they bought Webex, which I was long, I swapped some of my profits into the old warhouse . Yowza.

Take a look at the five year chart. The rally may just be getting started in the Nasdaq. Unbelievable stuff.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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