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To: B Tate who wrote (12926)	12/10/1999 3:19:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Have any idea about money flow in the next 3 weeks? Lots of differing stories to digest. Money coming out due to Y2K in the retail sector. Money going in to get caught up on IRA before Y2K. Funds closing year on profit note etc. etc. etc. Everyone's got a theory. I won't let facts get in the way of good ol' gut instinct. I think everyone will realize that Y2K is a minimal to nonexistent factor as far as the market is concerned and start a Y2K effect RALLY in anticipation. As the herd moves, more and more sidelined money should join in. But after January 3 - which could be a record gainer day - I also think lots of folks (me included) will start taking profits from 1999 runups and turn cautious. You could also see a rush into anything dollar-denominated as folks show a temporary lack of trust in emerging market banking systems to cope with Y2K. There you go. My theory and a buck will get you some coffee somewhere (as long as you stay out of the 5-star hotels).