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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: bearcub who wrote (6077)	6/20/1999 10:59:00 PM
From: bearcub	Respond to of 9818

(the last part of the previous post without the formating 'italics' error-my apologies to the thread) (Mr Pickle's Questions in italics:) How can we take advantage of this y2k ‘correction'? (sell at summer peaks, buy in again when there is signs of stabilization?) if you do not sell prior to the summer peak, then you will have no capital to buy AFTER the summer peak. this is just simple logic. what will be the indicators to hold? there are NONE! the time to sell is ALWAYS when a price is on its way up. when analysts issue a "hold" reco, it is ALWAYS a precursor to a sell signal, and ALWAYS after a buy signal. when will we know its time to get out? Or is there one? already answered. and all the other questions that spring up. too vague to specifically and logically address. Will the banks and brokerage firms be able to handle the potential of a major sell off and to what level? OF COURSE the banks will be able to handle the potential of a major sell-off. WHY? that too is logical: when something is "SOLD" it represents an influx of cash, not an 'outflow' of cash. that's all banks are trained and willing to do and have wanted to do for years: attract cash. bankers will be drooling all over themselves at the influx of cash due to the sell-off which has begun, ironically! in their own sector. Maybe when we decide it's too risky to hold our stocks and want to get out we may find we can't access the firms or they can't handle the volume because a panic sell-off has set in. that, too, is a logical expectation, because it has happened before. Or or or… are these sounds that a trained seal makes perhaps?

To: bearcub who wrote (6077)	6/21/1999 3:33:00 AM
From: Puna	Respond to of 9818

RE: are these sounds that a trained seal makes perhaps? Yes. Bear cub, Thank you for your Y2K fear charged poignantly impeccable logic, Sell low, buy high? Did I get that right? Should I sell now, I think the market is on the way up? Rhetorically factitious. All kidding aside, thanks for your heartfelt comeback. I intuit, you logic, me Puna