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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 ()1/7/1999 2:04:00 AM
From: Charles  Read Replies (1) of 3543
 
#3, Jan. 12 the day YHOO announces earnings after the market. Net stocks will begin the slide. At the beginning people will sell because they doubt yhoo will beat the whisper number. After the earnings announcment, people will realize yhoo's revenue momentum is slowing down. From Jan. 12, I see yhoo will drop 40% off the peak in two months. Recover a bit and then another extended drop for about six months. I doubt yhoo or amzn will drop 40% in 10 days. I think the drop will be gradual but persistent. I think 40% drop in a few days will come may be a year later. I'm a believer in Elliott Wave patterns.

Charles
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