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: vampire who wrote (2067)	10/15/1999 7:57:00 PM
From: Tai Jin	of 3543

I think markets are built on perception. So if everyone thinks there will be a crash then there will be one because they will make it happen. The problem is gauging the market perception. You only hear the vocal ones, so it's not clear to me that everyone is thinking crash just yet. Today was just another down day. Sure, many more stocks fell today than most down days, but they didn't fall any more than they usually do. This is a clear indication that we don't have panic selling. Until there is blood in the streets and real panic selling, this market will continue to have these types of corrections and be unable to sustain new highs. ...tai

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