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

To: flatsville who wrote (6174)	6/27/1999 1:54:00 PM
From: NickSE	Respond to of 9818

I've been trying to come up with a strategy for this, but there are just too many unknowns. Say if some US government agencies have problems, do foreign investors pull out, what if they have probelms with their own governments, then where do they go. The only thing that one could rely on is that there will be some percentage of people pulling their money out of equities and mutual funds. And given the herd mentality of late, I wouldn't be suprised to see the markets much lower than where they are now. Personally, I plan to stay mostly in cash with the only equity positions being short through the 2nd half of the year except a handeful of gold longs. But, I keep having nightmares re: massive redemptions on the part of the Japanese, hedge funds, Japanese hedge funds... Any thoughts appreciated? Regards, Nick