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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (76396)11/19/1999 4:27:00 PM
From: NickSE  Read Replies (3) of 86076
 
heinz,

I'm starting to think the more that Y2K is dismissed as just another myth, the more likely this will be the catalyst for a market decline. The FED has removed all the fear again in J6P's mind regarding Y2K just like they did during the Asian contagian, by pumping the markets full of funny money.

How do we know that Y2K isn't going to cause global disruptions which could have a significant impact on our exports? So everyone says the US is going to be fine. What if our overseas markets implode and demand for US goods/services plummet, thereby knocking our economy on its arse? Too many questions and unknowns that should make everyone very cautious regarding the stock market during the next few months, but the exact opposite is happening. IMHO, a recipe for disaster in the making.

Opinions anyone???

BTW, I'm already hitting the bottles and I know, just STFU and buy calls.
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