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: Mad2 who wrote (2174)	12/6/1999 12:50:00 AM
From: charger	Read Replies (1) of 3543

Boy was I WRONG. The market can't even correct for more than a day or less. This is the blowoff of all blowoffs. Here's my last prediction FWIW: the market is screwed after the date change no matter what happens. Why? Because if Y2K is a non-event, the Fed will have to take back all the liquidity it provided out of fear of Y2K. If there is trouble... you get the rest. So we either get inflation or black hole recession. Not good any way you slice it. I liken this whole jaw dropping move to a race with no speed limits in which the drivers rapidly approach a wall...December 31. The object of the race is to drive as fast as you can and pull away from the wall at the last minute. The loser(s) will be those who stay in the race too long. Call it a game of chicken, hot potato or musical chairs, but we all know what happens when it's over. Regards

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