Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

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Dec 30 3:59 PM EST

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To: hoffy who wrote (10375)	6/11/1999 11:54:00 AM
From: StkProfit$	Read Replies (1) of 52051

RE: Bottoming (My2cents) We'll know soon enough, a few more economic reports are due out next week. The good news: Most opinions on market have been bearish, that in itself is a bullish indicator. Also, Japan having a good quarter is first good news out of asian sector in a long time. I see a short rebound in July and early September before an irratic and irrational market begins in the fall. The bad news: (Doom report) It's still the summer months when the market traditionally cools a bit, and we still have Y2K coming up (even though most physical Y2k aspects shouldn't be a big problem, the psychological Y2K aspect going forward will, imo, have a large impact as I anticipate nearly everyone taking out "A FEW" dollars going into 2000. This should create at least a mini-panic come Sept/Oct/Nov, and the markets, in turn should remain shaky going into December.) Conclusion: "IF" I'm right, buy good stocks going into Sept, and sell off early. Wait for traditional & Y2k lows in mid-late Dec, and STOCK UP! In late Jan/Feb the money taken out should come back in, along with normal January effect taking place in mid February-March. December buyers should make a killing next year.

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