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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: thebeach who wrote (30911)	10/21/1999 10:10:00 AM
From: Jacob Snyder	Respond to of 99985

re: IBM is holding back till Jan1, 1999. You meant 1/1/2000, didn't you? Actually, I think that a lot of companies, when they need to report anything bad for any reason, are going to find an acceptable excuse by blaming Y2K. We'll have to do a lot of detective work, to find out who the liars are. And if the problem is Y2K, then it probably won't end on 1/1/2000. I'm guessing it'll take until about March 2000 till everyone says, "yup, this dog don't bark." Love that line from AG. The negativity is patchy. Still lots of threads on SI dominated by Permabulls. On the AMAT thread, for instance, the only debate is whether the stock will double next week (the bull position), or whether it'll take a couple of months (the bear position). Lots of cash has been piling up all year, waiting to Buy-The-Dip, which seems to be the advice that all the talking heads are giving. I expect we're going to have some breath-taking bear rallies.