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


To: SpongeBrain who wrote (2646)2/7/2000 8:24:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 3543
 
SB, this is your answer to the post where i predicted a giant speculative blow-off rally? correct me if i'm wrong, but isn't that exactly what has since happened?
as for the other part, namely that it will end badly, it certainly will. however, i don't pretend to know when that will be.
as for market posture, being in cash at this point may or may not be a good idea...i prefer to hold long and short positions at the same time for an overall 'market neutral' position.
i see lots of internal divergences in the market which i don't like, otoh there are quite a few bullish individual stock charts...and since money continues to rotate, it makes sense to remain active in the market.
note that i am fully hedged both ways...