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


To: JDRogers who wrote (13540)1/11/1999 4:33:00 PM
From: TEDennis  Read Replies (1) | Respond to of 13949
 
JDR: Yeah. Just think ... if I actually sold ALL my Y2Ks ...

Today's 76 point runup in Yahoo wouldn't even be a blip on the chart.

Every Y2K would take off immediately because the "TED Effect" contrarians ... knowing that whenever I sell, the stocks I sold rise ... would be jumping in to buy everything they could get their hands on. Prices would skyrocket.

So, we could prove once and for all that it won't take a Y2K disaster to trigger the panic buying. Just the "TED Effect".

What an awesome responsibility I hold in my ... uh ... wherever I hold it.

TED