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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 71.08

+0.1%

Nov 7 9:30 AM EST

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To: Dinesh who wrote (77088)	8/24/2012 3:30:39 PM
From: RetiredNow	Read Replies (2) of 77397

Of course they did. However, I'm not sure what you are getting at. Are you being grumpy in general? Or do you have a point to make. I thought I was the only one who was permanently grumpy on this thread. So if you want to join me, that's fine, but it won't make you very well liked. I'm a good example of that on this thread. ;) Anyway, my main thesis is simple. Housing is not recovering in a meaningful way and it will be a long process before we get back to the old normal of steady increases in house prices. The free market is adjusting to a massive prolonged bubble in housing, which was fueled by massive prolonged corruption on an unprecedented scale. The only reason why it has not corrected faster is the protection of the biggest criminals by our government and the protective laws that were put in place, such as mark to fantasy for mortgage loans and derivatives, instead of mark to market. I could go on, but it would just be a rehash of everything I've been saying for several years now. So what is your point? Do you think housing is doing great as well? If so, then you are part of the mainstream hopium crowd. I prefer to look reality in the face and deal with it.

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