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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: borb who wrote (2050)	9/3/1999 5:33:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 3902

Actually, the best way to avoid Y2K risk is to buy short-term govt T-bills and enjoy the profit derived from a global flight of capital. But then also, a certain amount of cash is king. However, instead of panicking the banks and withdrawing hoards of cash all at once for a Mad Maxx economic scenario (which I think is highly unlikely), I would suggest buying physical gold and having your finger on the trigger early in the next year ready to sell it back into the market ahead of all of the other survivalists once they realize the world has not suddenly come to an end. However, staying at home, or at least here in the US, would be the advisable course of action... Certainly do not plan a trip to China or some of the other Asian countries (excluding Australia and New Zealand). The State Dept is set to release a controversial travelers advisory later this month detailing which countries they most expect to suffer Y2K disruptions. I wonder how the Asian markets will absorb that report. (I've been discussing the substance of this report with my friend, debating just how far the State Dept is obligated in warning US citizens living overseas)... Regards, Ron