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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: jgibbs who wrote (8787)1/7/1998 1:13:00 PM
From: TEDennis  Read Replies (1) | Respond to of 13949
 
jgibbs: Re: stocks go up AFTER ...

Wrong. Unfortunately, the TED Effect works in reverse. I buy, stocks plummet. I sell, stocks rocket. And, sometimes when I just think about taking a position in a stock, it does the opposite. In this particular case, I thought about buying, but didn't. Then SYNT spiked up, just to spite me.

So, SYNT is absolutely proof positive that the TED Effect lives.

Losing all that money makes it easy to report Capital Gains, though.

TED