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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (10636)	11/30/1997 10:11:00 PM
From: Hawkmoon	Read Replies (3) \| Respond to of 94695

Hey all!! Hope you don't mind my commenting, but I've had this thread bookmarked for a while now and am finally able to start perusing your insightful comments. I have a Cable Modem, and I can vouch for the fact that it is the way to go. I often get 200k throughput when downloading large programs and never have to dial up to the provider!! On another note, I have been heavily researching the impact of Y2K issue and the actual and most importantly, the psychological impact on the overall market. Living here in the DC area, we are seeing more and more attention being discreetly paid to the problem, yet few are willing to express their concerns publically for fear of inciting a panic. My opinion is that the SEC's new requirements for disclosing Y2K unfunded liabilities will be one of the major catalysts for bringing the potential costs and dangers implicit in Y2K to a head. This I believe will be the "Big Kahuna" that collapses the house of cards we call the US equities market (as well as overseas.) The Naysayers say it is BS, but that is not the word on the streets of DC. There are a lot of people looking for early retirement over this issue before the defecation hits the rotary oscillator. Again, I believe the doubt and psychological impact will do much greater harm than the likely actual impact. But we know that investor confidence is the key to higher stock market levels. What are your views?? Regards, Ron