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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: Mad2 who wrote (1673)7/16/1999 9:58:00 PM
From: wanmore   of 3543
 
OK Auric...its gettin' out of hand now. The last post I read was from an internet stock thread and said "It's kinda fun playing this game...no DD needed". Even my optimism is beginning to wither away. I have sat here and daytraded some of these new IPO's and watched people lose thousands of dollars as they buy at a top that does not seem to be based on anything other than momentum and gambling fever. As of Monday I will not be long on any internet or overpriced technology stocks overnight. As a daytrade they are still an quick and easy way to make a few bucks as long as you don't expect the moon and are willing to accept a predetermined amount of loss but this market is out of control for now. Next post is my first guess for the contest
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