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Strategies & Market Trends : The Millennium Crash
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To: Arik T.G. who wrote (4485)9/18/1999 6:58:00 AM
From: JDinBaltimore  Read Replies (2) of 5676
 
Arik,

That divergence is something that I hadn't looked at. The NASDAQ is heavily weighted with tech stocks, I was curious if the NAS is still floating high because of the one time injection these companies are receiving because of the Y2K FIX. Yesterday AG said at a conference he estimated 50Billion spent on fix, in past months I'v read numbers as high as 150Billion, whatever it's a chunk of change flowing into the whole economy that ceases 12/31/99. What were you're thoughts.

Best Regards
JDinBaltimore
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