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Strategies & Market Trends : BFT: Will the tulip craze ever break down?

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To: Pancho Villa who wrote (217)3/31/1998 9:10:00 PM
From: dealmakr   Read Replies (2) of 650
 
Pancho,

Well are we at a double top or going higher. Closed on a block of 25k at 31 1/2. Last chance for some institution to get it on the books I guess. Don't know what everyone thinks, but if it closes at 32, I don't see the upward trend stalling yet. Bot puts and might cover the short and watch from the sidelines for a while. I definetly agree with your fundamental analysis of what is going on behind the scenes. When this one goes it will go hard. It will be interesting to see if there is any followthrough from this point on the upside or not. New quarter starting tommorow. Just my thoughts.

Good Trading

Dave
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