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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: gizmo&jack who wrote (36723)12/1/1999 4:12:00 PM
From: shades  Read Replies (1) | Respond to of 108040
 
NOOO! Y2K is the end - www.garynorth.com - hope you bought the fallout shelter - the radiation from the Ukraine will get those that didn't!



To: gizmo&jack who wrote (36723)12/1/1999 4:15:00 PM
From: swisstrader  Read Replies (1) | Respond to of 108040
 
Even Greenspan believes that Y2K will be a nonevent...in my view, this was a terrific marketing ploy by consulting firms, and hardware and software vendors (as well as others) to get people nervous and spending cash on Y2K strategy plans and massive upgrades to existing back office and front office systems....entire industries and firms rely on the smoke and mirrors behind Y2K paranoia and loads of folks have cashed in on feeding the fear.

My prediction is that when the new millenium finally arrives, there will be such a collective and resounding sigh of relief that we will rally like never before.



To: gizmo&jack who wrote (36723)12/1/1999 4:15:00 PM
From: rdww  Respond to of 108040
 
XACT - yes, expound on your $30 target you jailbird!EOM



To: gizmo&jack who wrote (36723)12/1/1999 4:29:00 PM
From: westpacific  Read Replies (1) | Respond to of 108040
 
G&J - stocks are propelled by emotion, a smart trader knows this and makes good money. Heck look at VONE this week - all emotion, no fundamentals. Prudent to work this in your strategy - preservation of capital is a traders mantra. Y2K is a non-event in my mind but many people will get out of technology to play the safe stategy. Humans always take the safe road rather than take great risks in life.

Today - Tokyo Joe and Kim both are building cash positions and they are two traders that are on about 90% of the time. Go with what others are doing and make money, go with only your own feelings and get burned! Some cash is smart business at this point - market was up nice and technology was beaten up again today - ask yourself why.