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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 (3290)12/9/2000 4:32:00 PM
From: RockyBalboa  Respond to of 3543
 
...I don't think this will be bullish for Monday.

And, no, it was not even bullish by Friday evening. It was announced just minutes after the closing bell which makes the time of the release even more troublesome.
As you see in:

Message 14978277

all of the gains during the day evaporated afterhours, and volume was extraordinarily high for a Friday night. The Qubes lost 4 full point to 68 which is the equivalent of 160 nasdaq points or about 90% of the daily gain as of 4:00 pm



To: Mad2 who wrote (3290)12/10/2000 7:57:42 PM
From: RockyBalboa  Read Replies (1) | Respond to of 3543
 
Mad2, there is one small change:

It is sunday evening (or monday 2:00 am here) and the futures point to "little damage", NDH1 strongly bidding 2900, 100 points over settlement friday, and also the SP500 about 30 points over settlement...

"it was ... a ruse!"