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: Sir Auric Goldfinger who started this subject	7/31/2000 1:34:48 AM
From: Gersh Avery	Read Replies (2) of 3543

#1 The tulipmania stocks will drop 40% in 5 tradings days starting on Monday. The market is curently at near record levels of margin debt. Combined with the decline that took place last week many speculators (investors) are on the edge of receiving margin calls. Any decline in the market Monday should create a waterfall effect in these kind of stocks, leading to the 40%+ fall.

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