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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?


To: Pancho Villa who wrote (59)3/11/1998 5:12:00 PM
From: sam  Read Replies (1) | Respond to of 650
 
Looked like a sell, but I tend to think that some funds will continue to buy until the stock shows more weakness (either due to company specific news, smart selling, or general market conditions). Once the momentum changes, could be a quick move downward saved by the short sellers rushing to cover. If no funds then come to bat, we could see a major move down. However, I think the funds may prop it up for a time in order to get out with large profits. All IMHO.