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

To: pater tenebrarum who wrote (2125)	10/29/1999 10:48:00 AM
From: Bilow	Read Replies (2) \| Respond to of 3543

Actually, we're off to the sun. It takes longer, and it's harder to survive there... I think the Tulipomania goes on until mom and pop get laid off and have to start living on their stock market "savings". This won't happen until Greenspan cold cocks the economy. And that won't happen until we see inflation so obvious that there is no denial possible. The last time the Fed had to wipe out inflation they ended up with short term interest rates way into double digits. Sure the market was busted before then, but it wasn't in as big of a bubble then, as it is now. The bull marches on... -- Carl