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


To: Bearded One who wrote (2684)3/2/2000 7:54:00 PM
From: Dan Woodbury  Respond to of 3543
 
Just for the sake of keeping this thread alive....

The Nasdaq will crash, taking the internets down with it, when China takes military action against Taiwan and the US Congress responds by threatening to curtail trade with China.

I personally don't think enough politicians are willing to be identified with the biggest bust in history so I don't see the trade situation worsening. But the threat will be powerful and vocal and enough to scare the pants off many overextended investors.

Feeling confident I will predict the bottom will be reached when the sum of COMS and PALM reaches $20 a share - a 90%+ drop from this morning's open - and what COMS traded at earlier this year before the PALM IPO hype started.