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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 (3103)10/11/2000 8:22:00 PM
From: RockyBalboa   of 3543
 
I threw in the towel at 81.50, as posted, right before the earnings.
Of course it soared to 86 briefly after.
What then happened...is best described as news reversal. Perhaps people read the earnings release a second time but, whatever happened, and whoever switched some knobs, it sold off when it crossed 80...and sold off.... and sold off..

64 afterhours.

Interestingly the nasdaq did not close beyond the lowest close (May 23rd) so there is some hope.
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