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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.04-0.5%Dec 31 3:59 PM EST
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To: RetiredNow who wrote (59739)6/8/2002 8:34:22 AM
From: RetiredNow  Read Replies (1) of 77400
 
Hi all, one of the reasons I disagree with Bambs and the gold bugs, as well as the other doom and gloomers on this thread is due to the work by the folks at the ECRI. They are more accurate than anyone else when it comes to understanding turning points in the business cycle. They claim, with a lot of evidence to back it up, that the economy will accelerate from a tepid recovery to a very robust recovery later on this year. So like I've said in the past, 2003 will be a good year for the stock markets and for Cisco in particular.

RIGHT NOW is the best buying opportunity you are going to get for the next bull run that will last us through 2006-7 and maybe even 2008-9. Everyone is so focused on the short term bad market returns, but you all really need to be focused on the long term trends. They are still intact. One book I recommend is The Roaring 2000's Investor, by Dent. Also watch ECRI weekly. In fact, invest by it, because it will pay huge dividends to you.

business2.com
businesscycle.com

Of course, all the above is just my opinion. Do your own research and come to your own conclusions before you do any investing. But if you do anything at all, take a look at long term planning and investing. Daytrading is nothing more than gambling. The smart money knows that.
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