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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 84.82+3.0%Feb 6 9:30 AM EST

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To: RetiredNow who wrote (55307)9/17/2001 12:49:49 PM
From: kvkkc1  Read Replies (2) of 77400
 
Based on what? Drowning consumer confidence? Mass confusion in our government and major financial center? Recessionary growth rates? or the massive government spending being discussed? I believe when these folks being snookered into buying today by the "Wall Street Patriots" start seeing their investments going down it could make things worse. We've got a ways to go before the economy turns imo. Not necessarily lower markets, although that's a distinct possibility, but what makes you think the economy is going to turn? The CNBC bull about rate cuts stimulating the economy 13 of 14 times has put egg all over their face. Eventually the economy will turn around, but it could be years and the bulls could start sounding like Fleckenstein or Biggs did for the last few years. I hope I'm wrong, but this downturn has taught me hope isn't worth a damn in the market.knc
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