If you have a chance to read my other article about the money movement strategy you will learn some reasons why I think this decade closely resembles the last decade with regards to the interest rates and stock market trends and why I believe that we are going to see a strong rally in the stock market over the next 2 years.
But now I found another reason. This is what I will call the technological reason. Well let's see:
In the later part of the 1990's and beginning in 1995, we saw the beginning of the Internet as we know today. In 1995 Netscape introduced a tool which we call a browser and it became one of the most important inventions of the 90's today. While the internet itself had been around for many years before. Until 1995 it was only used in text only modes. But then in 1995 Netscape and MS Internet Explorer began to give us the internet in a new way. This not only enabled ecommerce in the way we know it today, but so many other things that we take advantage of each day, including high speed internet. And just as the Personal Computer was the great invention of the late 80's the internet browser became the greatest invention of the 90's.
And if it were not for this great browser technology, then we would never have had such a big stock market rally in the late 90's. This was one of the main reasons for all of those Dotcom's and then we even had Y2k to top it off!
So now something that I read in an article about 3 years ago is beginning to make sense. They have already predicted that the next great invention for this decade will be Full WIFI access from everybody. And guess what it is beginning to happen. You will now see the term WiMAX. This is that new technology that will help fuel the stock market in the same way that PC did in the 80's and the Internet Browser did in the 90's So for 2000 it will be WiMax. WiMax is like taking WIFI which is an the home or small business level and now the range goes form under 300 feet to over 75 miles! If I am correct you will see this technology popup in the news like crazy over the next 5 years. So while we do have some other Geo Political problems. Technology always seems to be able to drive the market in a much stronger ways. They also predicted that certain companies that make this technology possible will be the winner in the NASDAQ So I am wondering what will happen to the technology stocks of the companies which are already working with this new technology. At least you can be sure that they will be part of the next rally.
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