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Pastimes : All Clowns Must Be Destroyed

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To: LTK007 who wrote (114)12/14/1999 1:02:00 AM
From: Dale Baker  Read Replies (1) of 42523
 
Between tax reasons and new money that hits the market after January 1 every year, traders have a lot of reason to hold through Y2K weekend.

But after that, I reckon it's open season. Earnings could carry the market but the overbought condition has to poop out sooner or later and move back down to the MA's for a while.

Just the way the market works over time.

There will be a bunch of rich "clowns" ready to hit the malls for post-Christmas sales (myself included). Hope folks here have fun mocking everyone that destroyed the "expert" fund manager's returns in 1999.

The cash we hold in January will spend the same regardless.

"Isn't it rich?.....Isn't it nice?......There ought to be clowns..."
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