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


To: Cheeky Kid who wrote (2401)1/5/2000 5:19:00 PM
From: bobby beara  Read Replies (1) | Respond to of 3543
 
Yes it will, just like the auto and the highway did, just like the rails did, just like the gutenberg press did.

That has nothing to do with infinite exponential gains in stock prices, there are no permanently high plateaus and when everybody expects there is, look out below.

most individual investors now expect 20-5% per annum gains for the foreseeable future, thats a permanently high plateau, calling the exact top will be tough and most bears will get killed along the way.

A very visible bear was killed recently, Gail Dudac was removed from the elves list on WSW. It's a symptom.

A lemming is one who blindly follows the crowd, even over the cliff