Yep; glad you got it, <G> But let me add, MSFT, INTC
CSCO , & DELL make up 50% ! of the Nazdaq 100
I posted on that some time back, but I do like to see it kicked around. MSFT is over 24% of that index last time I looked.
What the f*k good are the other 96% of the stocks in the index.
It's a joke, I mean why even have an index if your going to have
one like that.
Lets just say intc csco & dell, don't move any today, but MSFT
moves 5pts up, while every other stock in the index drops
5 pts, ya 95 stocks drop 5 pts, but the 5 point move up in msft
completely offsets that when you look at the index it's flat,
in spite of the fact that 95% of the stocks just lost on an
average over 5% of their value.
--------------------------------
I've been saying this would happen, MSFT is now the biggest
company in the world , believe it or not
It has jumped ahead of GE, 273.5 B to 258.9 B, would some one pass
this on to CNBC.
MSFT is also bigger than the two largest oil conglomerates put
together..this staggers my mind..just how are they ever going
to sell enough CDs to justify this kind of investment.
On top of that half of the developing countries do not and will
not ever pay for even 1% of the software they use.
Tell me the market aint nuts.
The trap is now, that MSFT has gotten so big, that to put a
reasonable P/E on her the market would have to crash, it don't
have a choice in the matter..as much more money that the 273.5
billion of MSFT market cap is involved here.
Billions and Billions of derivatives that these bright ass
Nobel winning geniuses have tied to the Futures market of the
S&P, ( and margin up to 90% ) so any big fall in this stock
now effects the S&P to such an extent that a huge chain reaction
starts taking place. They can get in a jam if MSFT falls,
even if they don't own one share of MSFT , it can cost them
big time and force them to sell other stocks.
Maybe you don't own 1 share of MSFT , but believe me the way
these so call experts have screwed up this market if your
in the market at all, what happens to the price of MSFT will
effect what every you likely own. The way they tied the indexes
together and then put futures on them The entire market is now
depended on MSFT more than any other stock in the world, bar
none. What's the solution they will offer ? buy more MSFT ! <G>
Jim
Ps I think I've out done my self with this one, but
hey I can add a lot more to it, & if some one wants to
pay me to dig out the actual numbers. Just sing out,
I'm not fast with 5 dollar words, but I got a rat trap
mind and have been around enough gypsy's to see what
these wall street shylocks are doing. |
