>(a) Internet stocks crash (ala, AMZN,...) melting everything
down. Could happen in JQAn, when people may time profiting
due no taxes till 2000.
IMO, the internet stocks will fall if the market does, but a fall of the internet stocks will not appreciably bring down the market. In fact, as investors flee the internuts, the money has to have a home and CSCO, INTC, MSFT might the be quality buy.
(b) Clinton out and resulting uncertainities
The market has already discounted that scenario, which is not likely, anyway.
(c) Gulf war could get ugly
All wars are ugly, but this will now become a protracted act of containment. Uncertainty is minimal, as we will certainly have frequent, precise military strikes against specific targets.
(d) DOJ related mood can swing the otherway.
We have seen it swing both ways with minimal effect. Fridays soaring was apparently not a result of DoJ rumors, as the other techs soared as well.
IMHO, of course. |
