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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: flint who wrote (51949)4/21/2001 11:35:58 AM
From: Stock Farmer  Read Replies (1) of 77397
 
Hi Flint - I didn't mean to imply you were that early.

Actually, we pegged it at 2001-2002... so maybe sometime in the next 6-18 months. FYI. I am using 2010 because even the rabid bulls can't deny the numbers in that timeframe.

But why I pull it in earlier is because of the concentration of wealth in the bow-wave. The older boomers or those who have kept up with them and those who exited in the last two years hold a preponderance of quality wealth.

Those still in hold wealth of inferior quality that will need to be liquidated and exchanged. This will happen IMHO at or near NASD 3300 plus or minus 600 or so. Rate of money flow into the markets could peg us at inflection point later this year.

This time I think the bias will be to leave money on the table and bail early rather than get caught late. Not saying there isn't money to be made in the interim pop... just that it should come from the "speculation" pot, not the "pension" pot.

John
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