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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.90+0.6%10:38 AM EST

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To: RetiredNow who wrote (67681)4/15/2005 10:02:34 PM
From: Lazarus_Long  Read Replies (1) of 77400
 
stockcharts.com
Short term, those indicators have GOT to turn around.

Oil broke below $50 a barrel today. The oil bulls should keep in mind that higher prices encourages conservation and alternative energy sources.

There have been some disappointing warnings, but there have been a lot of companies reporting good results too.

The dollar is still fairly low, encouraging exports and discouraging imports and foreign travel (although foreigners seem still quite willing to underwrite our trade deficit; if that changes, it's trouble).
quotes.ino.com
quotes.ino.com

From the replies, it appears the bears are back, which is good and makes a rise more probable.

But
stockcharts.com[g,a]dacannay[d19900415,20050415][p]&pref=G
You can see that even during the Roraring '90s, a 17% gain during a year did not occur.

I pass.
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