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Technology Stocks : CSCO - where's the bottom?!?!? Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (75)	11/19/2000 8:24:55 PM
From: bambs	Read Replies (1) \| Respond to of 253

One difference between their bubble and ours is that the individual shareholder typically got screwed there, while many individuals have done very well in the US. I think the key words here are "have done"... many individuals have done very well.... I don't think they will do very well going forward. I think the nasdaq will be testing the 1000-1500 area next year. I think the DOW and S&P will be cut in half over the next 2-3 years. With a baby boomer population heavily in the market and depending on it for their retirement, this economy and market will be rocked by a prolonged bear market. Through in a global recession and it don't look good for the individual investor over the next ten to twenty years. Bambs