Thanks Justa and Pete for your response. I didn't make myself clear.
I don't own MSFT,CSCO,DELL etc. My question was, Bob says market is going to a new high this year and also at the same time he says MSFT, CSCO, DELL, etc. as hold because they are overvalued. In other words, he is expecting people to buy these stocks in spite of his advice so that the market can go higher. So, I infer it as, people who don't listen to Bob are the one going to take this market higher through MSFT, CSCO, DELL, etc. If less buyers than sellers on these stocks due to Bob's advice, market can't go higher. We need more buyers chasing these stocks through mutual funds, direct purchase, etc. According to this week's Barrons, S&P 50% gain in 1998 was due to MSFT.
Hope, Bob explains his logic, may be next week in his radio show.
Thanks. |
