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


To: Lizzie Tudor who wrote (67433)3/22/2005 5:36:04 PM
From: RetiredNow  Read Replies (1) | Respond to of 77400
 
Actually, I think we had this discussion before, Lizzie. 2003 and 2004 were not bear market years. Both years provided very nice returns. So 2005 could be a bear market year, but it's early yet. I think the second half of this year will be very nice indeed. March to June usually isn't a good time for stock in general. And in the second half of this year, oil prices should be a good bit lower. Combine that with corporate earnings growth that has been good for the last couple of years and will remain at decent levels this year, and we have the makings of a good second half. So if you are buying at these levels, I believe you have a very high probability of making 10%+ on your money by the end of this year.