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To: HG who wrote (49938)4/12/1999 6:30:00 PM
From: Sonny Blue  Read Replies (1) | Respond to of 164684
 
>>is anyone here planning to remain invested past July...? Maybe August ? <<
All I can say to you is that: I'm still in for tomorrow. I refuse to predict any thing as difficult as future. <G>

That Y2K problem may be coming back to haunt us after April!?



To: HG who wrote (49938)4/12/1999 6:48:00 PM
From: Rob S.  Respond to of 164684
 
You may want to sell as the current rally gets "long in the teeth" and then buy back this summer. Next Xmas should see a nice increase in e-commerce that will drive net stocks higher.

For those who doubt the "summer doldrums effect" on tech stocks, think about this: Who buys Internet stocks and what is the disposition of these traders? of course this group takes in a lot of different lifestyles, age groups, etc. but generally is composed of those looking for high returns at the sake of risk. But when summer gets to be just around the corner, a lot of these folks, IMO, will want to at least lighten up if not sell all their holdings. And many fund managers and large investors may not want the worry of holding onto their high flyers as they lay out on the beach or march around the golf course of the resort they are vacationing at. And then there are the "young and restless" crowd who have kids who will be out of school, will take vacations and won't have as much time to sit in front of the computer to play "Internet roulet".

Summers are hot, but they tend to have a chilling effect on speculative fever.



To: HG who wrote (49938)4/12/1999 6:58:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
On the topic of duration of the rally, is anyone here planning to remain invested past
July...? Maybe August ?


HG,

I still can't decide on tomorrow much less four months away<G>