Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dclapp who wrote (36245)	12/30/1999 3:03:00 PM
From: Jon Tara	Read Replies (1) \| Respond to of 99985

In other words, the only way to win is not to play. (My favorite line from "War Games") dclapp wrote: "I'm seeing a lot of "since X now, then Y after the 1st -- tax selling, whatever." But you can't put a "rational filter" on irrational behavior and expect it to be predictive." Actually, my plan is to sit out at least the first couple of weeks of 2000. The truth is, we truely do not know the impact of Y2K either way (either problems or surge in buying) how much money was left off of the table, money supply effects, etc. It seems to me, that with big profits in hand (as I have), the best thing is to simply sit it out. I am a short-term trader, so there is no issue with long-term capital gains or deferring profits to next year. If I do a downside bet, it will be a small one, perhaps no more than symbolic. :)