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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: Sir Auric Goldfinger who wrote (1)12/27/1998 11:10:00 AM
From: Sea Otter  Read Replies (1) of 3543
 
1) When: May 11th, 1999. Why: Major terrorist attack on
US soil via a weapon of mass destruction. A high-visibility
target is hit (maybe Wall Street?) and the result causes
a panic and massive downdraft in stocks of all sorts.
Highly speculative bubble stocks are hurt the worst, since
they depend on extreme public optimism in order to keep their
value.
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