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

To: Das Boot who wrote (2896)	5/26/2000 11:34:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 3543

das boot, i'm not a cramer follower, but his article there is dead on. the bears have been dead wrong for a long time, but that is bad, because when the bears are eventually right and they will be in the eventual cycle of stockmarket undervaluation to overvaluation cycle, the compression built up will be incredible. We've seen several bursts of that compression in world markets, since the fed retitled the 20's chairman "irrational speculation" into "irrational exhuberance" in 1996, which was not to far ahead of the thai baht devaluation and the asian crises. the usa was able to make it thru 98, but the next salvo will take down the us economy with it. and to all those morons who think they are gawds gift to the markets and think i'm chiken little, come back in a couple of years and see who was the voice of reason.