For you investment guys : LUSENET : TimeBomb 2000 (Y2000) : One Thread

For you folks with some background in investments:

In today's mail I got a free copy of FINANCIAL SENTINEL, a newspaper/magazine. I have only scanned it, but it seems to have some good stuff and some not-so-good stuff. A very bearish Y2K article, as well as a listing of hot tech stocks for 2000.

Is anyone familiar with this publication? What is it's background, how is it slanted? What is it's track record? I can't tell who's publishing it or why I got a copy. I'm not a big investor (just bought DROOY, because of Y2K). I wonder how I got on their (goose?) list.

Thanks for any info. I guess I could just read it all, and make up my own mind, but then.........well, you know............if I only had a brain.


-- Scarecrow (outstanding@inmy.field), December 16, 1999


Drooy for under twoie, not a bad choice. For every thing you ever wanted to know about Gold investing visit

I have GSR and Fidelity gold. Metals very volitile bacause it is manipulated by the big boys to keep it down. Best of luck, we'll need some Y2K failures though. Go Y2K!

-- Infidel (, December 16, 1999.

FWIW, I had time to read over a couple of articles in this publication, while I was waiting for a response. Here are some highlights:

Fair use, for educational purposes only

From "Bear 2000, Why You Should Be More Concerned", by Paul Mladjenovic, CFP: -

"The important point I make is that planning for problems is a low-cost, low-risk, strategy. If my clients sell their stock now, they have locked in their gains......If Y2K blows over with minimum effects, then investors can breathe a sigh of relief and re-focus on growth and stock market investments." -

" The next nine months will be very volatile and the dangers of Y2K will become more evident as more data comes in during the upcoming months." -

"Don't be surprised if the Dow Jones index falls to 7,000 by March 2000 (and probably lower). -

"If you prepare for a problem and it doesn't show up, then no problem! Enjoy yourself and go on with your life." -

[This guy sounds like a TB2000 regular, no?]


And from "Market Undulation Sparks Bull/Bear Fights", by Rebecca Ramsay: -

"Despite a widespread parpnoia about Y2K turning America into a nation of chaos, all markets are advancing strongly."


Well, whadda you think?

-- Scarecrow (outstanding@inmy.field), December 16, 1999.

Good article. 7000 by March is optimistic and I love optimism.

-- Mara (, December 16, 1999.

Mara, I agree.

Infidel. I hope you were being facetious. Don't EVER dare to say "go Y2K" to me! We all talk glibly about missing our creature comforts, or the investment opportunities of Y2K. But, I have coached a Little League team of handicapped kids for several years. Many of these wonderful innocent little people are being raised by a single parent, and most are not affluent. For me, Y2K disasters all have faces of children.

-- Scarecrow (outstanding@inmy.field), December 16, 1999.


Relax. My financial heart says pestilence and disease. My heart says lets move on. Go kids.

-- Infidel (, December 16, 1999.

Scarcrow I meant to say, not Mara.


-- Infidel (, December 16, 1999.

Sorry, Infidel.

I didn't mean to go off on you personally. After two years of being blind and dumb, my fuse is getting a litle short.

In returning to the idea of this thread, can anyone tell me who these people are, and if they just might know what they're talking about?

-- Scarecrow (outstanding@inmy.field), December 16, 1999.


Thats quite alright. Sometimes while spouting off I forget about the innocent victims of all this.

My fuse is lit tonight because of the unbelievable censorship efforts I see going on around here lately. We never seem to learn. It goes from one generation to another. Usually at the hands of the children of god. Simply amazing. They pray for compassion from god, but they never have any to give.

I don't know who these people are. I am an IBM mainframe programmer. I've been working on Y2K for three years. I've seen a lot of foolishness and a whole lot of corporate 'We have to protect our phony balony jobs'. Confidence is not high.

I personally don't think a lot will happen immediately. Perhaps by next summer or fall we could be in a fix as supplies begin to become scarce. Not the end of the world.

Anyway, no offense taken by your righteous indignation. I do it all the time.



-- Infidel (, December 16, 1999.

I don't know them, but as an investor, anyone who is selling both gold and tech stocks must have some cognitive dissonance.

Sorry about the handicapped kids. I know lots of pregnant women now, and I am very worried for them and their families.

-- nothere nothere (, December 16, 1999.


(since we're off-topic anyway)

I read your posts on the thread about LL's disruptions. As a very old timer here, I'll only say that the censorship issue has a long history on this forum. I think most members were strongly against it at first, but as the disruptions became so severe, we realized that it was a necessary survival tatic for the good of the forum. For eighteen months we encouraged all opinions and spawned some tremendous debate. Anyone was allowed their say, and flamers were often chastized by everyone. But when the trolls began their game-playing in earnest, the humor somehow left us all. Their spite became like a contageon that spread to literaly every other thread, and resulted in nothing but free-for-all name-calling contests.

I don't like the idea of censorship, and I don't think most here do, either. But when it becomes mindless spamming, I support the sysops. After all, I am only a guest here myself.

As to the lack of compassion shown by "God's children", well, the problem with our societies and religions too, for that matter, is that they are mde up of people. I am not a religious man, but I hope (and believe) that should Y2K have catastropic results, we will find that we are bound together by a common human spirit. I have said it before; the attributes we so admire, those of compassion, charity, hospitality, may indeed be valued by us because they are in fact the essential attributes of survival for the human race.

Anyway, I'm glad to know your backgorund as a programmer. I will look for your opinions, and wiegh them accordingly.

Thanks for the reply,

-- Scarecrow (outstanding@inmy.field), December 16, 1999.


I would agree with you, but they don't seem to be selling anything. Like I said it is a magazine/paper format, and has several types of articles. I just wondered since it had such a strong bearish peice, if it was a front for goldbugs.

Actually, it appears to be pretty good. But then, what do I know!

-- Lon Frank (, December 16, 1999.


Well, I'll have to take your word for it. My first post here was censored. It was clearly intended as humor. Bad humor I'll admit, something about eating grass and loving it after Y2K. But, there was nothing that called for censorship.

I can only judge by what I've seen. If Ladylogic is that bad, ignore her, she will tire and go away to watch Oprah.

When I see these types of things, it reminds me of the religeous right. You know, the ones who know how you should live and think. The morally hignminded that scream bloody murder(wag the dog)when we intervene in genocide.

Y2K: I believe from my experiences as a contractor working for several different clients that a lot has been repaired, some can not be fixed. Too much interconnectivity. It's the chips deep down under ground that is the problem.

As you probably know, everything usually turns into corporate politics and it just doesn't get done. I could tell you some stories.

I think buying Drooy was a good move, especially at these prices. I remember a couple of months ago, people(professional trader types) chomping at the bit to buy at just under two. You should visit the gold site I mentioned for a real education.

See you out there, Tedd

-- Infidel (, December 16, 1999.

Hey, tech stocks may be a good deal, after the crash. Those that survive will do well indeed in the long run...

Personally, I may want to put my money in Harley Davidson stock. Their key target market is loyal...and will probably survive.

-- Mad Monk (, December 16, 1999.


I don't know what to say about your first posting. Bad humor is not only tolerated here, it is a tradition! Maybe you responded to one of the posters who have been kicked out. The sysops will sometimes delete such responces just to keep them from dangling, so to speak.

I can't get into the chat room, so I have been fortunately ignorant of the fight there. Actually, for the last three months, I have found very little entertainment value in the flame contests, and just avoided reading them at all.

It never fails to amaze me that people cannot just ignore blatently trollish posters. I guess it is just too much fun to take a shot. I think I may have been guilty of that once, too.

I have a pretty good background on precious metals, but I will visit the site you recommended. I like DROOY, but don't know why. I also think Pan Am Silver (PAAS) is a sleeper.

Please continue to post your experieces/opinions here, even if it's not the topic of the thread. I, like most folks here, am not a computer professional, and even at this late date, I am desperately searching for good information.


-- Scarecrow (outstanding@inmy.field), December 16, 1999.

Mad Monk

I knew I could count on you to weigh in here, eventually. Harleys, huh? Well they did use a lot of murdercycles in Mad Max.

Actually, part of my preps are two 50cc scooters and a couple hundred gallons of gas. You think with a really tough leather jacket, I could pass as one of the big boys? Maybe a beard would help, too. Oh, and a tatoo! :-)

-- Scarecrow (outstanding@inmy.field), December 16, 1999.


I posted a response, unfortunately it was deleted. Wonderful group you have here.

-- Infidel (, December 16, 1999.


Say it ain't so! You mean you were deleted here, on this thread? I can't imagine you calling me anything my mother-in-law hasn't made public already.

Maybe Chuck or Diane, or one of the other voices in the sky can give us an explanation. (you sure you didn't post it to the wrong thread?)

-- Lon Frank (, December 16, 1999.


I just looked at the new threads you started, and I if I may, I might give you some advice.

You seem to have fallen into your own trap. Often we start out discussing Y2K and then disentrigrate into name calling. What you must realize is, that the forum is not about anyone in particular. Not you or me or the sysops, nor even Ed Yourdon. It's about Y2K.

I think that if you go back and read your stuff, you will agree that there is a difference in telling someone their concept is flawed, and telling someone you think they are a fascist.

All of your threads are about you and censorship, and the sysops being such sorry people. None are about Y2K. I liked our discussion, and I sincerely hoped we could continue.

So, maybe, get a cold one, chill out, and stop the threats. It ain't the way to play around here.

-- Scarecrow (outstanding@inmy.field), December 17, 1999.


Sorry once again Scarecrow. This behavior by these numnuts disgusts me, and I will have a hundred warriors here soon. This will not stand.

He who smites you on one cheek, smack him on the other.


-- Infidel (, December 17, 1999.

Take it from an old and quite ragged scarecrow. Life's too short to go to bed angry, if you can avoid it.

And remember, a man is judged by the worth of his enemies. Never struggle against the self-righteous. they'll be vindicated even if you win. (and I'm NOT saying the sysops are self-righteous - just that you are looking for windmills to smite)

Lemme buy ya a beer.

-- Lon Frank (, December 17, 1999.


Beer, well why the hell didn't you say so.

And here I've been wasting all this time with these wonderfull excuses for humanity.



-- Infidel (, December 17, 1999.

Scarecrow, a friendly thought. It's frequently hard to avoid doubling on handles in public forums. Don't know who used 'Scarecrow' first, but I know I started many moons ago. Let me know if you must use it, and I'll change my own. Thanks.

-- Scarecrow (Somewhere@Over.Rainbow), December 17, 1999.

Scarecrow, a friendly thought. It's frequently hard to avoid doubling on handles in public forums. Don't know who used 'Scarecrow' in this one first, but I know I started many moons ago. Let me know if you must use it, and I'll change my own. Thanks.

-- Scarecrow (Somewhere@Over.Rainbow), December 17, 1999.

Moderation questions? read the FAQ