Hey, folks, could we knock off the insults, please. If you feel the need to insult somebody who says something denigrating your favorite stock, it's time to sell the damn thing. The reason this site is here, and the reason I read & post to it, is for the exchange of information, pro or con.
Anyway, I'm surprised nobody on what I'll call the anti 'year 2000' side has mentioned two of the signs that come with traditional market sector tops:
1.) Heavy insider selling, which is on-going in nearly every 'year 2000' stock as we speak.
2.) Sudden surge in related IPOs, also currently on-going. After all, Wall Street's favorite activity is selling high to the little guy.
Actually, I'm going to add a third, which might raise a few hackles around here:
3.) Hot and heavy posting on Silicon Investor threads (some of which, admittedly, are mine).
And for the record, I like IBM, not necessarily as a year 2000 play, but as a company that is about 3/4s of the way through a rather dramatic turnaround. |
