BFT: Will the tulip craze ever break down? Message Board

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

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To: Pancho Villa who wrote (276)	4/7/1998 9:14:00 AM
From: Gary R. Owens	Read Replies (2) of 650

>their current PE is around 80 which is totally ridiculous.< Pancho, You've just done a great job in summing up the entire U.S. Equity market in an understandable manner. <g> I can't believe how impatient I'm getting. Eating crow every day from folks I work with about how they've just started putting money into stocks. They won't listen to reason (not that I'm reasonable). But here we sit, looking at a smoldering volcano while everyone around says "ah it'll never hit us". Wonder which stocks will be hurt when the Dow hits 10,000 because they have trouble with the extra digit? Quote providers? CNBC? What about the deep deep discount brokerages?

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