No. of Recommendations: 0
Might this be the one calendar date in a millenium where you can say with some degree of confidence "The market will very likely be down in late December, then higher in late January" ?

The Y2K 'problem' is really a question of Psychology. The world is not going to end, and the markets will not crash as a result of some uncontrollable force. What you're really trying to do is predict what people are going to do as a result of their fears. That is anyones guess.

The thing to remember that any reaction without a change in fundementals will correct itself once people realize the sun came up on Jan 1. Personally, I'm ignoring the whole Y2K thing and continuing to make investment decisions as if nothing unusual was going to happen (which I believe is the case).
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement