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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 9:30 AM EST

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To: RetiredNow who wrote (57840)2/21/2002 10:02:19 PM
From: Paul V.  Read Replies (1) of 77400
 
mindmeid and newyork, Have you read Harry Dents book, "Roaring 2000 Investor"? Dent states that the 2000's the baby boomers are gaining more and putting more into their 401 K and deferred comps until 2008, the time they will start to retire. He stressed that the market will be very bullish up to that time. Then, there will be a glut of the baby taking out their money resulting in a big drop in the market after 2008. Up to that period the US is the best place to be.

This makes we wonder what basis the newyork has been saying. According to his profile he states that he has an economic background. Therefore, he must have some rationale. Wish he would share this rationale with us.

Paul
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