SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sir Auric Goldfinger who wrote ()12/27/1999 10:54:00 AM
From: long-gone  Read Replies (1) of 3543
 
What will cause it?
There will be a bunch of smaller reasons stacked one atop the next.
5. failure of the etailers to perform during Xmas rush.
4. reduction of margin - increase in margin requirements
3. Some inflation in our "zero inflation environment"
2. Touches of Y2k around the edges of economy - if even 10% of in office phone systems, or PC's, or electrical generation & distribution, or regional phone companies have the slighest glitch the interent can be unreachable. While the big & urban electric & phone companies are said to be in shape, many are speaking less well of anything even slightly rural.
& the number 1 reason:
1. LONG BOND!
(& let's not forget the margin calls on the basic materials stocks)
When will it happen?

slow grinding down of current leaders with a redirection into other value names & some basic materials which willl do far better. Some small caps. The S&P may not take an overall hit. The "tulips" will die, though. It(the correction) will be "there" - done - by mid 2001 to mid 2002.
rh

Can I have the winnings in silver bullion?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext