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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 74.40

-1.4%

Jan 14 3:59 PM EST

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To: Lizzie Tudor who wrote (65847)	7/25/2004 2:09:23 PM
From: RetiredNow	Read Replies (1) of 77400

Hmm. History says that if a Democrat is elected over an incumbent Republican, the stock market does not perform as well the following years relative to how it would have performed had the incumbent Republican been elected. That's just statistics. However, in this case, since many people are convinced that Bush is causing world instability, maybe the markets will react as if a peace dividend had been granted if Kerry gets elected. I'm not sure if the markets will do better whether Kerry or Bush is elected. However, I'm betting the markets will do great through Jan and through 2005, if we can get either one elected without a terrorist attack within the U.S. Either way, I am convinced the market will continue to drift lower through the end of October. There's simply too high a probability of a successful terrorist attack before the election. Add to that a season typical of a low market and I think it's a no brainer. If I was a shorting person, then I'd short from here. But since I'm a LTBH investor, I have been building up a large cash pile, which I'll invest right after the election.

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