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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Michael Sphar who wrote (750)	7/12/1999 4:01:00 PM
From: Greg S.	Respond to of 10655

Check out: beta.siliconinvestor.com or techstocks.com for SI discussion on Y2K. There are a number of possibilities - I'd say it's also a possibility that Y2K fears will be built-in to stocks by the time the date arrives, and when people discover that nothing horrible has happened, the markets will surge upward to never before seen heights. It's going to be a gamble to leave your money in the market, but it will be a gamble to take it out. I might sell some issues that I think will suffer just to have cash on hand in case I see a tremendous buying opportunity. Remember, the market may go up or down but in the end very few stocks will be affected long-term. So if you just hold tight and don't even watch the market during those painful few months, all you did was a miss a good short-term trading opportunity. And from what I can tell, those come along all the time as long as you know how to spot them (I don't. :) ) If you ask me, anyone that makes money on Y2K by timing the market is just plain lucky. There is no precedent for what is about to happen. -G