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

To: KeepItSimple who wrote (2238)	12/26/1999 4:11:00 AM
From: Dale Baker	Respond to of 3543

I don't represent the State Department when I post on SI, this is a private hobby. And State has nothing to do with the Fed, so I don't have much influence with Alan. Of course this is a mania right now. My point is that there is a money flow dynamic emerging in individual investment patterns that could be the basis for a new way of understanding market ups and downs. All the experienced market hands I hear in the media seem to have no clue at all why their old models don't work. And the hedge fund geniuses are no better. I've been following SI for three years and hearing the "crash is coming" line every day. Maybe our time would be better spent trying to understand what is actually happening instead of telling the market (and the millions of individual actors that make up the market) that it is WRONG. I doubt the market is going to listen to our prognostications anyway.