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: KeepItSimple who wrote (708)	1/16/1999 9:32:00 AM
From: re3	Read Replies (1) of 3543

Hi KIS, how about dumpster diving ? I feel the market action is sick. I had a lawyer / MBA friend suggest I do daytrading, which I see as indentured slavery to the barn owner who will pressure you into making a lot of trades. Look at some of the prices people have already overpaid for amzn, yhoo, mzon, ktel, ebay, ubid, yada yada... One email pal I have suggested the "crash" won't occur till Valentines day though, his indicators predicted the july crash... The problem , still is the way overpriced puts, and while I didn't bankrupt myself on jan amzn puts, you can lose money on puts yet be right on amzn's direction because of the expense of the puts. Any specific recommendations on strike prices, and would you buy puts on yahoo as well ? All the best... Howard

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