Coincidences? : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Isn't it funny how the market dived 200+ points on news of Lewinsky's immunity, and by the afternoon it was up to only a loss of 90 points because GM announced a possible solution to the strike? Just imagine what would have happened to the market if GM hadn't said anything until later this week! What great timing!

-- Kay P. (, July 30, 1998


I predict that Clinton will resign before August 17. He has three choices and none of them look good. Just remember Nixon had favorable polls prior to resigning over Watergate. He will do this to protect the democratic presidency. Who wants a liar in office? Once a liar always a liar. Who can trust a liar? So, if I were any of you who have stocks, the handwriting is on the wall.

-- Jean Dixon (, July 30, 1998.

Wall Street operates on the "herd or sheeple" mentality. Fear and greed drive it. The boats are starting to leak. The drowning will be next. Our accountant is one of the greedy. He told us to put everything we have into the market....and to borrow on our house and invest more. He is fully invested. We bailed out completely. I wish him luck. He is one of the herd.

-- Dave (, July 30, 1998.

No stock broker wants you to bail out, that means loss profits for them. That's why you aren't hearing anything in the media, or the stock market much about Y2K. Too much money is at stake at the moment, and it's a little premature for things to start popping. I think if and when the ball starts rolling, there will be no stopping it. The majority of the public is ignorant or they don't want to come to terms with what could happen. They have a job, food in the frig., they are comfy. Who wants to think about losing everything? It's too hard to act. When TSHTF they will react, but it will be too late for them. Perhaps we will see lots of suicides over this, we shall see. Bardou

-- Playedbythegame (, July 31, 1998.

Moderation questions? read the FAQ