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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.91-0.5%9:52 AM EST

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To: Dave who wrote (67091)2/15/2005 8:17:46 PM
From: RetiredNow  Read Replies (3) of 77400
 
Actually, the market peaked around Aug-1929. It reached the trough by Jul-1932. It had doubled a year later in 1933. Then it moved sideways for a couple of years and started moving up again in 1935.

Very similar to what we're seeing. Our market peaked in 2000, reached a low point around Sept-2002, then moved up nicely in 2003 and again in 2004. The difference between then and now is that the market double in one year back then and what we just had was a couple of decent years, but not a double.

So if the pattern holds, we should see a very nice rise in 2005, another very nice rise in 2006, a big decrease in 2007, and a very nice rise in 2008.

Here's the returns in the following years:
1935 = 38%
1936 = 25%
1937 = -33%
1938 = 27%
1939 = -3%
1940 = -13%
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