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

To: Ice Cube who wrote (252)	12/26/1998 4:47:00 PM
From: Janice Shell	Respond to of 3543

EBAY is in nosebleed territory. Still, since everybody's said we'll see 'em hit the first week of the new year, I'd be late to the party if I agreed (at least for the purposes of this contest). And as Soros once said, the really Bad Things that the market anticipates rarely happen. So at the moment, my guess is: no major poopiness at the beginning of the year. First week of January, yes, maybe a selloff, but not of major proportions. I'll pick my own dates later. In a few days... In the last couple of years I've noticed something interesting. Something that I don't think has received enough attention. When a cataclysmic (well, relatively, nothing all that bad has happened yet) occurs, you have PLENTY OF TIME to become cognizant of it, and to react. Mexico? Southeast Asia? Crises in slo-mo. Days, if not MONTHS, to line up your ducks. This time around, look for the same thing: a crisis no one reacts to at first. God knows I didn't make any money on it, but I'm on record, online, as having predicted disaster for Southeast Asia in June 1997. So there. janice