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Technology Stocks : Discuss Year 2000 Issues

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To: JBTFD who wrote (8970)10/22/1999 9:19:00 AM
From: flatsville  Read Replies (2) of 9818
 
Mark--Re: NPR over the past year or so I've noticed their y2k reporting has been uncharacteristically bad, lacking any real analysis and bordering on pollyanish. As a long-time NPR listener I am disappointed. (Just wait until they call for my renewal. <ggg>)

Your right...that this could well be the buying opportunity of a lifetime when the indices crack (assuming things don't go to hell.) Excluding 1929, the average bear market lasted 16.5 months. The post 1929 "bear market" <ggg> lasted approx. 15.5 YEARS. When to put your money back on the table might be difficult to determine. This will certainly be a unique event.

I don't plan to trade the bear market rallies, dead-cat bounces, whathave you for fear of bull traps. I'm hedged. I can wait.

A third crack at Unisys at $12, $10, or dare I say even $5 would be a gift.

(But then we have to go through this cr@p again in what 2038-39? I'll be dead by then. In the end we're all dead anyway. As my hero would say, "What, me worry?")
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