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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: wlheatmoon who wrote (59545)8/31/1999 1:05:00 PM
From: Jorj X Mckie  Read Replies (1) of 86076
 
Mike,
I know that some are pretty nimble, so no need to worry. Others I hope are paying attention to the warnings to have stops in place.

Though I like to do some pretty quick trades, with the NYSEBP negative and it confirming my FA views, I decided to do some longer term (for me) position trades and ride out the bumps so that I don't miss the potential BK.

I would have a hard time going long on stocks even if the NYSEBP turned positive just because of what I know is going on in the tech world in response to Y2K (specifically talking about revenue weakness due to lockdowns). If the NYSEBP turned positive, I would likely just go to 100% cash.
Tom
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