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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?


To: Dougal Shand who wrote (1642)7/7/1999 2:53:00 PM
From: charger  Respond to of 3543
 
Thanks for the info. I devoured all 3 articles...

I hope I'm on the right side of the trade when the you know what hits the fan. The greatest shorting opportunity in history looms in front of us...question is, when will the wave crash in earnest? Depending on when you pick the last trough, you can backfit the K wave to fit almost any scenario. I have maintained that this market will ultimately peak in 2005, not because of K wave projections, but because that's when the boomers begin retiring in earnest and stuffing their cash in fixed income instruments. If that coincides with Prechter's date, that's just fine. In the meantime, look for some frightening volatility. Yum yum.