Humbly report, Jeff, OK, let's look at now, and ahead.
Most y2k stocks are near 52 week lows or worse.
The entire market is down and scared.
Investors are asking themselves what should I sell, instead of what should I buy, across the board.
Long term means 'til the crash.
Y2k companies are saying, we thought they'd . . . by now.
Investors thought they'd be shown the money by now.
When investors see the money, they sell, to lock in profits.
Investors say y2k shmaytookay, show me what's after.
Seems like a good time for new money to watch, and see when this whole mess finally bottoms out, bounces, bottoms a little higher, and then, maybe, very selectively, to get back in for real, into companies with clear post y2k strategies in place, no?
Unless you're already holding the future moonshots that is, in which case I'd hold. <g>
Me? I'll play hit-and-run from here on, with a tiny percentage of my portfolio, and stay mostly in cash 'til after y2k.
Cheers,
Svejk
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