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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: RFH who wrote (9471)12/5/1999 5:29:00 AM
From: Larry Grzemkowski  Read Replies (2) | Respond to of 18928
 
Hi RFH

I would view any pull back because of Y2K as a buying opportunity but I would say that because of the rapid climb in the market and its high valuation that I am not doing any vealies (sorry Tom). I have had sells in QQQ at 140, 150, and 160, and a couple of my mutual funds have had a couple of sells in the last two weeks. So for right now I am TAKING THE MONEY.

Larry G



To: RFH who wrote (9471)12/5/1999 7:03:00 AM
From: SAM  Respond to of 18928
 
Hi RFH,

I have been directing the Y2k effort at our global company for the past 2+ years. IMO there is little risk in the major countries. Exceptions would be Iran (publicly stated), and some other far east countries. Most if not all incidents would be short or over reacting by people.

I'm selling when asked in my asian funds (no vealies now although above the IW) but not getting out totally.

I would like to see a pull back so like me everyone can restock their warehouse for next year.

Hint: I am keeping my anti virus data files updated!

SAM



To: RFH who wrote (9471)12/5/1999 12:03:00 PM
From: Jack Jagernauth  Read Replies (1) | Respond to of 18928
 
Hi RFH,

Like Larry and others, I am boosting my cash reserve with the thought that I might be able to buy back shares at lower prices.

The markets seem a bit giddy to me right now, and after 3 consecutive Vealies in one of my funds, I decided to push the 'sell' button, and build up cash reserve rather than extend risk.

Regards, Jack