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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: Mad2 who wrote (2468)1/6/2000 10:24:00 PM
From: RockyBalboa  Read Replies (2) of 3543
 
It is in fact a wonderful time to learn.

First thing we had on Jan 3rd a market gap opening in which one could basically only do one thing: sell, sell, sell.

Then, reasons unknown, all for sudden interest rates are a fear which is nonsense when you consider the 30% compounded market gains, and that a good internet company has no or little debt. (The reason may lie deeper here).

Then, all for sudden AMZN earnings (or the lack thereof) do count despite they had blowout revenue growth.

Finally rock solid tech tankers gave earnings warnings...when they are not really needed.

A robust market does only a limited sell-off.
If it doesn't break down completely but recoups quickly, I'm more bullish than ever.

We will see what happens. Stocks and adherent junk bonds have a size which can't be neglected...
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