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

To: KyrosL who wrote (1679)	7/17/1999 1:18:00 AM
From: wanmore	Respond to of 3543

IMHO There is no way to win. At these levels it would seem to me that any numbers that are off the expectations will give those with profits a reason to take some money off the table. This will begin a small sell-off which will create more fear and bring more selling into the market. Two things really control this market....fear and greed. At this point I think the greed is out of control and MUST give way to the fear. Traders still remember earlier this year when the internets had a pretty strong correction. Do you think they are going to wait around for the next one? I think the time will be ripe for fear (fear of having their greedy gains taken from them again) in just another week or two of this mania. Everyone wants to buy at the bottom and sell at the top but it's almost impossible to be good at both because those that can pick the bottoms pretty good are generally motivated by a stronger degree of greed than fear. Those that sell at the top are usually motivated by a stronger degree of fear than greed.