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This will help......      4-Nov-09 07:33 pm    
http://finance.yahoo.com/news/Cisco-fore...

After all the good news the last 2 weeks from housing, service sector, new construction, GNP and employment numbers.....all the big boys are saying the same thing....things have bottomed.

Cisco carries a lot of weight and proves that in technology sector results(prior and up to today-Intc/WDC, etc)....all areas from Equipment, chips, NAND/DRAM, hard drives, PC's Routers and everything between the points in Network(s)....it really does seem that the Economy has bottomed and growth is returning and before you know it companies start hiring again.

Doesn't mean the market doesn't have more dips and bad news....but from my bucket of 28 CC's the last 3 weeks from 5 different sector's(Technology, Financial, Oil Drilling/Service, Insurance, Auto and various small companies in construction/building, etc.....it does seem that everyone is saying the same thing....the worst is over and 2010 should show growth/profits to the upside!

The market will complain about every small detail so they can buy cheaper for 2010...but it does seem things are getting better and I think with Windows 7 and people feeling better about their jobs from the Cisco's down to the mom and pops...I think the consumer will pull out their wallets for the Holiday season and Wall Street loves it when consumers spend big its the last piece of the puzzle.

Although I will miss the opportunity this market delivers daily....I need a nap and a vacation.

Lets hope we can get back to normal market patterns mostly to the upside the next 2 years....my best guess on the upgrade cycle, improving Economy, etc.

JMHO!
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SouleC


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This will help......
SouleC Not rated 4-Nov-09 07:33 pm  
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Seagate Technology (STX)

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