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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 72.34-2.9%Nov 4 3:59 PM EST
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To: JakeStraw who wrote (75805)11/7/2008 8:22:22 AM
From: RetiredNow  Read Replies (3) of 77397
 
Very true. On the bright side of things, ECRI has been very good at predicting turning points. They were recently saying that this recession was going to last about 16 months and that we were already 10 months into that. So they were predicting a turnaround in the stock market soon in anticipation of that rebound from the recession. They said the recent implosion of commodities prices was a good indicator of a stock market bottom. I hope they are right.
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