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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST
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To: Sir Auric Goldfinger who wrote ()1/4/2000 8:57:00 AM
From: KeepItSimple  Read Replies (4) of 3543
 
#3
today is the beginning of the decline we've all been waiting for.

People were waiting to sell in the new year for tax reasons, but they were STILL greedy, so they figured they would hold on as long as the market was going up.

At the first sign of a loss of momentum, ALL the rats are going to jump ship at the same time.

And that's all the reason anyone needed.
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