Tulipomania Blowoff Contest: Why and When will it end? Message Board

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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?

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Jun 26 5:00 PM EST

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To: esecurities(tm) who wrote (512)	1/6/1999 7:59:00 PM
From: Crueldog	Read Replies (1) of 3543

You realize that it is not just this index that is overvalued. Oops! there's that word again. Make your money long while you can. All indices will continue to hit new highs. The psychology is out of control. There is no doubt that in an environment of lackluster Corporate earnings and a soaring market that some event will unravel this thing. Will it be the Euro? Will interest rates rise? What the spark will be is hard to tell but the higher we go the harder we will fall. There is plenty of reason for it all to fall apart now but it just ain't goin' to happen soon. I fear of real market crash later. It may devastate many. This could make 1929 look mild. <imo> Good Luck

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