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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (5305)12/5/1999 8:05:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 10293
 
You mean they will be shortchanged again on buying stocks when they are quite inflated compared to the Aug. and Oct. lows? After they have been talked out of stocks in Summer.

In other words:

Now that it is "obvious" that the Y2k fears have been a hoax, the positive effect is now totally discounted and priced into the market, so you expect the next surprise happening ("only") on the downside?



To: Bill Wexler who wrote (5305)12/5/1999 9:22:00 PM
From: Mad2  Respond to of 10293
 
The shift will occur when buyers-sellers=<0
Might take untill after Jan1 as some will sit on sidelines thru date changeover and probably enter the market in anticipation of earnings runup occurs in early Jan. By early to mid Jan most of the sideliners (kinda like when you've used up the bullpen) should be in.
At that point the talking Heads will need something to talk about and they'll focus on liquidity, employment levels and interest rates like they are some new metric for determining the economy. BTW the first company to admit they have a serious business/cash flow problem due to Y2K will get flushed down the toilet.
At this point Greenspan can go back to talking the economy down (something he's been scared s*itless to do).......then we'll see a correction......the magnitude which will be effected by data from the real economy
BR, Mad2