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?

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: Dave Mansfield who wrote (1456)	5/3/1999 9:55:00 PM
From: charger	Read Replies (3) of 3543

The rule is 40% over eight sessions. YHOO peaked recently at 240 and is now 160...AMZN peaked at 220 and is now 150...SEEK from 100 to 47...etc., etc. My contention is that while it may be difficult if not impossible to achieve 40% over eight sessions, 30%+ declines from recent tops are painful. The charts certainly look bubbly to me, as in termination phase of parabolas. If they cannot hold current levels and break from here, Auric just might have to part with his $$$. Regards

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