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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Farmer who wrote (46303)1/7/2001 9:38:10 PM
From: Ed Forrest  Read Replies (1) | Respond to of 77400
 
We're in a bear market.

John
Agreed,but I take comfort in the fact that there are less bear markets than there are bull markets.

Prime example of that is that the Dow has risen from 2000 in 88 to 11,000 in 01.

The Naz during the same period 500 to 2500.

Ed



To: Stock Farmer who wrote (46303)1/8/2001 1:38:03 AM
From: Eric  Read Replies (2) | Respond to of 77400
 
John

We are just compensating for how high we went. The people who got in the last 1 1/2 years are underwater. If they can't tolerate the pain they will be gone and won't get back in here.

I really think for investors it really depends on your time horizon. Can I make money in 90 days maybe, in 180 days a better chance... Over 2 to 5 years almost guaranteed.

For me this market has been a gift, a lot of quality companies that I want to buy on the cheap. Sure some are still expensive but my criteria is long term. As Monty says there is no need to grab the last 5 to 10 percent of the move.

What concerns me is that some are screaming end of the Investment world here. We are far from that.

If I thought that I would be getting on my sailboat and heading to the South Pacific with all my gold.

regards,

Eric