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


To: Mad2 who wrote (2704)3/18/2000 5:25:00 PM
From: Dale Baker  Read Replies (1) | Respond to of 3543
 
It's all the same argument repeated over and over - if A occurs and Bsub2 also happens and the square root of C appears on a Thursday in conjunction with D cubed (and it's raining), the whole thing will end. It has to end. Because none of our models say it can go on.

Yet it does.

Maybe the models are broken. Like all good economists, the chorus simply assumes the contrary of what they see before them. More precisely, the variables they dwell on give one verdict and they can't stand the fact that "reality" won't reflect their assumptions.

Give me a call when the Naz has dropped more than 20%. Even then, you are a long way from calling the real end of the tech bull market.

In the meantime, run a check on SI to see how many THOUSANDS of posts have predicted the end of the bubble in the past three years.

It literally is thousands by now.