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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (23400)8/31/1999 9:52:00 AM
From: Hardline  Read Replies (1) of 34811
 
>Traders have only 120 days or there about to decide when and if to pull the plug prior to Y2K...the faint hearted may be beginning early....

The market has already factored in Y2K. The market usually predicts what will happen 6 months out. That is exactly what happened. The only companies that will be affected by Y2K are manufactures with complex bill of materials. Especially the ones dependent on Asian supplies. I owned F and I got out at 67. Soon after that despite great news the stock fell into the 40's. It sits at 50 today. Look for Tech to be strong the last 4 months of the year.

Hardline
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