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

To: Lizzie Tudor who wrote (65595)	6/22/2004 10:11:02 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

All I'm saying is that a capitalistic economy means there will always be losers and winners. What you are describing to me is anecdotal evidence, not a sample from which we can extrapolate to the population. If you look at the population statistics, they are very good. Wages have INCREASED and jobs growth is on a tear. That does not mean that everyone wins, but it certainly means our economy is hitting on all cylinders. As to coming up with reasons why the stock market isn't rallying, I can think of two very good reasons: 1) threats of terrorism prior to our election in order to influence it and 2) general election year uncertainty. Those two reasons will fade fast after November and you'll see a very nice rally from Dec to Feb, if no terrorism hits us in the U.S. So we should get a dip prior to the election, where you can buy up your favorite stocks and make a nice profit in a few months time. Or if you are like me, keep on going with your biweekly savings plan, keep a view on the 10+ year horizon, and don't sweat the ups and downs so much.