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 wrote (1)	10/7/2000 7:05:45 PM
From: PMG	Read Replies (1) of 3543

1) 10/10/2000 Because in recent weeks there has been a serious decline in trust of the interconnection of visions and their exploitability for profits. This is accelerated by concerns in sysstem stability i.e. what the consequences of defaults could be. The fear of a chain reaction is finally the cause why there will be an overwhelming majority of sellers over long-termers and buy-the-dippers. As Keynes said, stock markets are not about reality but about perceptions. After interest rate increases, economic slow down, valuations, oil prices and 'just' market risk the walls of warry have become so high, that the fear of more AAPL-like 50% slashes makes people so sleepless that the stay out, reduce/are forced to get out off margin, short sell etc. In recent moth the writing on the wall has been there, the reasons are know. What was missing was the time variable. With this earnigs season we seem to have this moment of truth that starts what has been overly due. Well, I'm looking forward to win the price! Please notify me if I made a formal error... PMG

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