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

To: andydaoust who wrote (58290)	3/12/2002 12:00:58 PM
From: larry	Respond to of 77400

Andy, I think that the DOW won't average more than a 5% compound yearly return by 2012 from now on. On the contrary, I think that it will be lucky that we get a 0% return by then instead of a 30% drop in the index by 2012. I have the same feeling for the SP500 and expect that it range trades between 800 and 1000 by then. I can't tell how much Bush government has pumped into the market to pop up the GDP growth. And all the $$ he puts in military services will have to come from our own pockets. IMHO, GDP growth has more psychological effect on consumers than on everything else. larry!