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


To: pater tenebrarum who wrote (2658)2/7/2000 11:34:00 PM
From: Bearded One  Read Replies (1) | Respond to of 3543
 
Hah, I have a connection to Fleck, though he doesn't know it since I'm anonymous on this board. He's a very smart guy, his only problem is that he uses his knowledge. There's a penalty for being smarter than everyone else in a market like this.

Personally, I think this is about to blow. The Fed tightening, the bond craziness, gold jumping, inflation rising-- this is a new confluence of events. Of course, the money from investors is going to pour in for a while, which means that the only thing that will stop them is some major country-wide panics. A sharp rise in rates (not by the Fed, but the banks themselves) is my guess as to what will be the ignition. Either that or Amazon's leadership getting indicted for fraud (that last earnings report).