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

To: BelowTheCrowd who wrote (2461)	1/6/2000 10:00:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 3543

During every correction which started slowly, but quickly gained (downside) momentum, until either U-turning (Oct 98) or fading out, Summer fades, all sorts of catastrophic scenarios have been painted. This time is different? Well the economic cycle may be a bit more mature as we believed before. The interest rates all for sudden might play a small role, especially as the scenario does no longer imply falling rates. Another difference, merely numeric. Well the 10%-20% decline may not be enough this time. Take that unique 60% Nasdaq run from October to now (4192 peak) and subtract 1/2 or more. My guess is 30% from the peak, which yields around 3000.