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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.46

-3.7%

3:59 PM EST

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To: Lazarus_Long who wrote (67665)	4/15/2005 2:04:21 PM
From: RetiredNow	Read Replies (3) of 77400

Another topic. Dow is near 10,100 today. Dow closed 2004 at around 10,700. For us to get a 10% return for 2005, we'd have to close the Dow at 11,770 this year. That is a 17% increase from today's level. Still very doable. I believe that this malaise will fall by the wayside as we get into June. Then after another dip in Sept-Oct, the market will go on a tear from Nov to Jan. I still think this year, we'll get close to a 10% return, as I do believe oil prices will come down, jobs growth will pick up, and there will be an increasing frequency of announcements from the Pentagon on the upcoming reduction of troop count in Iraq. JMHO.

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