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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: bobby beara who wrote (1041)2/28/1999 5:47:00 AM
From: Moominoid  Read Replies (1) of 3543
 
The two coupled together smacks of a turning point.

Yes a turning point to the upside. I still see nothing to show that this isn't a rerun of May-June 98 more or less. If the overall market runs up about 4 weeks rom here at the same % rate as last June-July we hit exactly 10000 on the Dow. Nice place for a top.

Here is a scenario for Thursday's close on SPX for weeks starting:

22/2/99 1245
1/3/99 1282
8/3/99 1297
15/3/99 1317
22/3/99 1342

Then down.

Of course it is highly unlikely that any of this will happen <g>

Maybe that's a descending triangle on Yahoo.....

David
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