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To: TigerPaw who wrote (130320)	6/2/1999 12:21:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 176387

re: I did expect a Y2K decline The market is said to predict six months out, so the Y2K decline is right on schedule. Furthermore, I feel that the September, October time frame of this year will be an excellent time to evaluate how one sees the market reacting to the changes, from technology to economic, that have been set in place during the first of this year. You should have your ducks lined up, and ready to pick right during the hysteria created by Y2K at the end of the year, since Y2K is going to be much to do about nothing, and any fed rate increases or non-increase will be well priced in the market by then. So take the summer off, it's going to be one long hot summer... Greg

To: TigerPaw who wrote (130320)	6/2/1999 1:53:00 AM
From: stock bull	Read Replies (2) \| Respond to of 176387

TigerPaw, I think the Y2K issue is having an "n" order affect on the tech stocks and the market in general. The major problem is the fear of inflation, the Feds raising interest rates, and the jump in the long bond which today closed at 5.93%. Last year it hit a low of 4.75%, or less, if my memory is correct. Stock with high pe's get hurt the most when inflation is a threat and bond yields are climbing. So, we are seeing a sell-off in tech stocks. Lets not forget about profit taking, and sector rotation that may still be going on. This market is changing, and I sure hope we don't enter a bear market. As of last Friday, the Nas has corrected 10%, and the S&P and DOW 5% each. I am still forecasting the Dow going to around 10,000 before the correction ends. If it goes below 9,900 watch out. For one, at that time, I'm out of the market altogether. By the way, I never would allow taxes to alter my judgement with respect to selling a stock. One can never go wrong in taking a profit. JMO Stock Bull