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


To: Mad2 who wrote (2171)12/1/1999 1:11:00 PM
From: charger  Read Replies (2) | Respond to of 3543
 
Not so fast! I'm 100% cash as of Monday...a little bird (Friday's reversal) told me to get my head out of the pig trough. I'll be hard pressed to get back in before the end of the year for anything other than pure speculation. The gettin' was really good for the last few weeks. AD line still looks like shit. Blowoff looks done. Y2K has NOT been discounted...don't be surprised to see a last minute liquidation and violent selloff this month. You won't know the day, only that it's coming.

You pointed out the key to the puzzle...money flows have been setting records and have found their way into a select number of stocks. An unhealthy imbalance has set this market up for a serious dislocation...Regards