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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: Sam LBI nj who wrote (160)12/23/1998 5:35:00 PM
From: Steve Misic   of 3543
 
January 12, 1999

All that is missing so far from the big run up in the Internet stocks is the one day blow-off of one hundred points up on YHOO and AMZN. Until I see a move like that, I will predict that everyone, including people who should know better will continue to justify these measly 50 point moves as "normal". I feel the "Christmas rally" will build to the "January effect" peak, then the blow-off day on January 12, 1999. After that, "profit taking", "normal healthy correction",
then WHAM!! ( followed by many bodies on the pavement.)

Merry Christmas
Ho,Ho,Ho!!!!!!!!!
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