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: yard_man who wrote (2234)	12/26/1999 3:08:00 AM
From: Dale Baker	Read Replies (2) of 3543

That's the satisfaction bears are looking for, right? All those dimwitted longs who made tons of money on the way up will hold on the way down and keep buying more. And if their 300% profits become 270% profits but then they cash in and sell out, what then? Where is your satisfaction if they still book profits well over the market averages and live to spend them one day? They will have equaled a value investors's return over a decade instead of a few years. The level of resentment on the "crash is coming" threads amazes me. You are in for a shock and a disappointment when you gloat over a pullback and the rest of us are just counting our winnings. Someone who made 1500% in an Internet stock long will have vastly outperformed a short who later makes 50% on the drop. Sad game you got here.

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