Y2K (Year 2000) Stocks: An Investment Discussion Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hoatzin who wrote (1319)	10/24/1996 2:12:00 AM
From: Philip H. Lee	of 13949

Outline of typical Y2k short-seller message: 1. Short this, that, and that too!!! 2. I've made soooo much $money$ before (so I'm brilliant and you better listen to me)!!! 3. I know everything! The Y2k experts and everyone else are idiots!! 4. You better sell NOW, or else your stock will PLUNGE!!! 5. Y2k is just an overblown media story concocted by stupid IT professionals!! 6. Some facts which actually may be worth noting once you get past the rah-rah emotional clutter. I wonder why short sellers are so emotional...Maybe it's because they're trying to goad everyone into selling. ----- By the way, over the long run, day/week trading is futile for most investors, especially for options traders (bid/ask spreads for options add an extra cost). Sometimes, it takes years or decades for people to finally wake up to this. Also, NO ONE can time the market (Dow, NASDAQ, etc) consistently. People like Elaine Garzarelli, Marty Zweig, Elliot Prechter, and Joe Granville only last until luck catches up with them. Actually, Zwieg has decent stock-picking skills. I also believe you have to do your own research and analysis. Following other people's advice (including mine) or the Guru-of-the-Day will not earn above-average returns usually. You don't make money thru being swayed by whoever's opinion you read. I strongly believe in having a system - know what works for you and what doesn't. Philip Disclaimer: This information is for discussion purposes only and not to be construed as investment advice. I make no representation as to the accuracy of the information presented since I cannot guarantee the accuracy of my sources. Readers who use this information for investment purposes do so at their own risk.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next