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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Druss who wrote (6976)4/14/1998 9:00:00 PM
From: Alan Lee  Respond to of 18691
 
<< we are approaching the second millennium >>
Wouldn't that be the third millennium? Suppose it depends on where you start counting from ....



To: Druss who wrote (6976)4/14/1998 9:12:00 PM
From: CatLady  Read Replies (1) | Respond to of 18691
 
Druss,

Actually, I think the Nostradamus prediction of World War III being started by an Anti-Christ coming out of a Middle-eastern country is more credible than the prediction of airplanes falling out of the sky on 1/1/2000 because of a computer glitch.

CL



To: Druss who wrote (6976)4/16/1998 8:26:00 AM
From: R. Bond  Respond to of 18691
 
Druss,

Y2K is a misunderstood, unprecedented problem which arguably has potential to shake the global economy. I hope you don't think the extremists to which you refer have much to do with the majority of members on Y2K threads. Some of them are very knowledgeable and, now, rich. Several of these stocks have been on fire this year (not to mention last), enough to make any trader happy. The Y2K phenomenon as it pertains to the market will be one of perception alone when it peaks. Fundamentals will be ignored. Market history is marked by brief periods of mania/panic. Y2K has all the makings for such a moment, especially in these overvalued times. I think many Y2K longs, like myself, will be heavily short at some point next year or late this year. And they, as much as anyone, will be in a position to know when the time is ripe and what to short.

Roger is right to pre-plan his Y2K play over a time span of many months. He may not think anything will happen to the world, but he does know that it will to the market.

Ignore the noise.

Cheers,
Bond