Tulipomania Blowoff Contest: Why and When will it end? Message Board

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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?

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Jun 26 5:00 PM EST

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To: Sir Auric Goldfinger who wrote ()	7/23/1999 3:05:00 PM
From: Bilow	of 3543

Contest Guess #1; Five trading days: August 22 through 28th. Why? I'm guessing that the internet longs will begin to notice that the bloom is off the rose when they realize that hyper growing stocks shouldn't show seasonal effects, particularly with AMZN. The biggest story stock of all time is now a broken story stock, and I think it will drop to single digits within six months. The smart money (institutions) were selling AMZN hard yesterday. I saw something I've never seen before, and that was prints going off below the bid, but without the ISLD book (or the SOESable MMs) having been previously cleared out... That wasn't mom and pop selling shares, I think. Big Barron's article on AMZN this weekend, bearish to the extreme, of course, I predict. Since the news came out on Wednesday, they will have had the perfect amount of time to analyze the report. Retail investors might start wondering about their investment over the weekend. But it still takes a couple weeks for a real panic mentality to set in. So my guess is for later in August. Best of luck to all. -- Carl

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