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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.94+1.1%Nov 28 9:30 AM EST

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To: larry who wrote (63228)3/12/2003 4:32:52 PM
From: RetiredNow  Read Replies (2) of 77400
 
No, I think there is a 50% or greater chance now that we will have stagflation that will lead to recession. I'm expecting bad things. But I'm not much of a trader. So the way I do things is buy into the market when things look bleak. That's what I'm doing now. If the next two years are bleak, then I'll be dollar cost averaging on the way down into my portfolio of diversified funds.

I'm not buying any more bonds, though, because I believe that bonds are at potential bubble levels too. Once the fed starts raising to combat inflation, which probably will happen in the last half of this year, bonds will collapse. I've already trimmed my REIT holdings, so I'm good there.

Anyway, I'm still praying for LESS interesting times. :)
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