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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: wooden ships who wrote (4834)5/5/1998 9:08:00 AM
From: TMAC  Read Replies (2) of 42834
 
Truman with all this talk of the Y2K problem and now the Y10K problem I thought it would be of interest to throw the
DJ10K problem...I just read an article on how many computer programs will interpret the 10,000 event as a crash. Many systems will sell their portfolios and make valuation mistakes, as their system can handle only four digits. Bob over the weekend spat out the Dow 10,000 event as a possibility in the future. Further stated in this piece was the fact that companies are diverting staff to work on the DJ10k problem instead of the Y2K problem as Y2k is an immovable deadline.
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